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.
Daqwan Roshayne Howard Lee, 28, was arrested on Monday and charged with first-degree murder, aggravated assault and discharging a firearm with intent, Edmonton police said. Police said Barinder Singh and his daughter were "innocent victims of a wrongly targeted crime".
Through investigation it was determined that the person who uttered the fraudulent bank drafts was utilizing another person’s identity. The suspect is described as a South Asian female, 5’7", slim build, with shoulder length dark hair. She spoke Hindi, Punjabi and English.
A woman injured in last week's crash between a minibus and a transport truck in Manitoba has died in hospital, bringing the death toll to 16. RCMP said the woman, who had been in hospital since the crash, died Tuesday.
OPP Sgt. Kerry Schmidt said there was a collision involving two transport trucks and a passenger vehicle on a part of the highway going through Pickering, Ont., which resulted in an explosion and fire that consumed all three vehicles
Police carried out 64 raids and seized 440 guns, including 3D-printed handguns, long guns and silencers, as well as other guns and 3D printers. The raids took place in Quebec, Ontario, Alberta, British Columbia, New Brunswick, Nova Scotia, Manitoba and Saskatchewan, and resulted in 45 arrests.
A man has been convicted of manslaughter in the death of an off-duty Abbotsford police officer in the Kootenay community of Nelson three years ago. Constable Allan Young died at the age of 55 several days after he sustained a critical injury when he was struck in the head with a skateboard in July 2020.