The inflation rate rose to 3.3 per cent in July, a development that economists warn spells bad news for the Bank of Canada.
Forecasters say the latest report raises the odds of an interest rate hike next month, despite other signs of economic softening, including rising unemployment.
B-MO chief economist Douglas Porter still expects the Bank of Canada will stay on the sidelines but he says the inflation figures will make it a tougher call.
Canadians eligible for the GST credit are expected to receive a special payment today to help with the rising cost of groceries. The payment, which the Liberal government is calling the grocery rebate, was promised in the spring budget to help Canadians cope with food inflation.
The BC Maritime Employers Association meanwhile says the union is trying to "aggressively expand" its control of maintenance duties far beyond an agreement that the association says has been "legally well established for decades."
The planet's temperature spiked on Tuesday to its hottest day in at least 44 years and likely much longer, and Wednesday could become the third straight day Earth unofficially marks a record-breaking high, the latest in a series of climate-change extremes that alarm but don't surprise scientists
The decision came after Meta promised to block Canadian news content on its Facebook and Instagram platforms in response to Canada's recently passed Online News Act. The new law will require tech giants pay media outlets for content they share or otherwise repurpose on their platforms.
The BC Wildfire Service says, as of noon on Friday, campfires will no longer be permitted in the Kamloops Fire Centre. The restriction will also extend to include all areas of the Coastal Fire Centre, except Haida Gwaii.
Two people have died in a collision between a motorcycle and an SUV northeast of Lytton, British Columbia. A statement from RCMP says the crash happened just after 6 p.m. Monday on Highway 1 between Lytton and Spences Bridge. Staff Sgt. Kris Clark says both victims were on the motorcycle.