Darpan News Desk The Canadian Press, 15 Aug, 2023 10:04 AM
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.
Police in Abbotsford, B-C, have arrested three suspects in connection with a home invasion this week. R-C-M-P say officers responded to a call Friday afternoon in the 33-thousand block of George Ferguson Way area.
Homicide investigators say now 40-year-old Navinder Gill is now waiting for a date to be set for his sentencing hearing. Police say 40-year-old Harpreet Kaur Gill was found stabbed on the evening of Dec. 7, 2022, and died of her injuries after being taken to hospital.
Community activist Joan Phillip won Vancouver-Mount Pleasant for the N-D-P with almost 68 per cent of the vote. N-D-P candidate Ravi Parmar won Langford-Juan de Fuca with 53 per cent of the vote
Surrey R-C-M-P say the crash happened early Sunday, when a Volkswagen collided with a Hyundai sedan while both were northbound on 176 Street near 32 Avenue. Police say the crash sent both cars into a water-filled ditch beside the road, and two people in the Hyundai have died while two others from the same vehicle are injured, one critically.
The incident is believed to have occurred inside a parked vehicle near Halifax Street and Woodway Place in Burnaby around 2 p.m. No victims, suspects, or related vehicles were on scene when police arrived. However, the victim, a 20-year-old-man, was treated in hospital for non-life-threatening gunshot wounds after seeking medical care.
Mounties are praising two bystanders in Kelowna who jumped into action and disarmed a man who allegedly stabbed a woman at a bus station. Mounties say two "good samaritans" were physically detaining the suspect when an officer arrived to arrest the man.