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.
On Tuesday at approximately 3:08 a.m., Surrey RCMP received a report of shots heard in the 13000-block of Crescent Road. Crescent Road is closed in both directions between 130 Street and 132 Street while the scene is being processed.
It is alleged that during his tenure as a teacher at St. Thomas Aquinas Regional Secondary School, Vesco sexually assaulted a student while he was teaching at the school from 2017 to 2019.
A statement from Eby's office says Indigenous people comprise about five per cent of B.C.'s population, but account for about 30 per cent of people in provincial jails, and justice centres are a key part of addressing that "over-incarceration."
Officers say the motorcycle was going northbound on Island Highway when a southbound truck tried to make a left turn and hit the motorcycle. The driver of the motorcycle was pronounced dead at a hospital.
Officers responding to reports of a disturbance at a home yesterday evening discovered that an unknown suspect had fired a gun. Shortly after, a person arrived at a local hospital with a minor gunshot wound.
People on both sides of the debate about the proposed nine-storey building at 105 Keefer Street are speaking at a meeting of the city's development permit board, scheduled to run from 3 p.m. to 10 p.m.