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Another rate hike coming: Stats Can

Darpan News Desk The Canadian Press, 15 Aug, 2023 10:04 AM
  • Another rate hike coming: Stats Can

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.

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Rain, cooler weather could bring relief to B.C. wildfire crews as new fires start

Rain, cooler weather could bring relief to B.C. wildfire crews as new fires start
The wildfire service says more than 200 of those blazes remain out of control, including a small fire northwest of Princeton that was sparked by a malfunctioning ATV but grew quickly, forcing a speedy but safe evacuation of about 1,000 people at a nearby music festival on Sunday night.

Rain, cooler weather could bring relief to B.C. wildfire crews as new fires start

Business groups ask government for labour changes after end of B.C. port dispute

Business groups ask government for labour changes after end of B.C. port dispute
Business groups continued to call on the federal government to take action in the wake of the recently resolved British Columbia port workers dispute on Saturday, arguing Ottawa must ensure such a disruption never happens again. But the federal government is walking a difficult tightrope between the demands of the business community and protecting workers' constitutional rights.

Business groups ask government for labour changes after end of B.C. port dispute

Mounties in Coquitlam seek witnesses to attempted murder in city park

Mounties in Coquitlam seek witnesses to attempted murder in city park
Coquitlam RCMP say they're investigating an altercation between "at least two adult males" in Brookmere Park that occurred around 9:15 in the morning. Investigators say they're looking for more witnesses and any video footage of the altercation, but the nature of what exactly happened remains unknown. 

Mounties in Coquitlam seek witnesses to attempted murder in city park

Edmonton police charge man with attempted murder after unprovoked machete attacks

Edmonton police charge man with attempted murder after unprovoked machete attacks
Bobby-James Lavallee, who is 33, of Prince George, B.C., is charged with attempted murder, four counts of aggravated assault and breaches of conditions. Police are asking for the public’s help to locate the machete as it may still be near the scene.

Edmonton police charge man with attempted murder after unprovoked machete attacks

Cyclospora Outbreak in BC

Cyclospora Outbreak in BC
The B-C Centre for Disease Control says there have been a record high 43 cases of cyclospora infections in the province this year. The illness is from a parasite not found in Canada but the centre says infections are linked to eating contaminated, imported raw produce, especially leafy greens, fresh herbs and berries.

Cyclospora Outbreak in BC

More Osoyoos, B.C., wildfire evacuees can head home as another order lifts

More Osoyoos, B.C., wildfire evacuees can head home as another order lifts
An evacuation order that includes an industrial area in the town has been downgraded to an alert as the threat from the Eagle Bluff wildfire recedes, days after it threatened the town before favourable winds pushed it away. 

More Osoyoos, B.C., wildfire evacuees can head home as another order lifts