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.
The City of Chilliwack says no injuries were reported and crews contained the blaze about 95 kilometres east of Vancouver. B-C Hydro says power went out for nearly 25-hundred customers as a result of the fire.
Two fires occurred in the northwest part of the city on May 28th, less than 12 hours apart. There were two businesses on the lower level as well as a residential units on the upper level of the building that sustained significant fire and water damage.
The project, which is expected to be finished in 2027, will replace Mountain View Manor and its 92 beds. The new facility is being designed as households that accommodate 12 or 13 residents each, with 200 beds in total.
A recent traffic stop led to a drug seizure in Kelowna. R-C-M-P say they were patrolling an area known for drug trafficking on June 2nd when they pulled over a vehicle for a number of traffic violations.
Police say they launched an investigation into Marcio Cerquinho in May of 2021. They say a total of three victims have been identified since then. Cerquinho pleaded guilty earlier this week.
Investing in mental health support not only benefits individual employees but also yields significant economic returns, creating a win-win scenario for both employees and organisations.