The Bank of Canada says it feared being too slow to react to sticky inflation ahead of the decision to keep its key interest rate steady earlier this month.
In its summary of deliberations, the central bank says it considered raising interest rates from the current 4.5 per cent.
The Bank of Canada appears confident that inflation will fall to three per cent by mid-year.
But it's concerned that the return to two per cent inflation may take longer as the cost of services remains elevated.
A report released last month by B.C.'s police watchdog said officers fired as many as 100 rounds at Mathew and Isaac Auchterlonie, who had semi-automatic rifles and were wearing body armour. Six officers were wounded, three of them with life-threatening injuries.
Richmond RCMP executed a search warrant at a residence of a suspected forgery lab. Items seized during the search included high end printers and laminators including those capable of forging security features in governmental identification and thousands of blank ID cards, and numerous electronic devices and computers.
The premier says the money would be funnelled through the Forest Enhancement Society of B.C., with the goal of keeping those in the industry working. The premier says the forestry industry is "clearly in crisis" and that means industry and government need to "find new ways of doing business."
Family members of the women and children, as well as four men, have been arguing in Federal Court that the government must arrange for their return, saying that refusing to do so violates the Charter of Rights and Freedoms.
New Democrat Leader Jagmeet Singh says if the Liberal government does not introduce a pharmacare bill in the House of Commons this year, he will consider it a deal-breaker. Both parties signed a confidence-and-supply agreement last March, in which the NDP agreed to support the minority Liberal government in key votes until 2025.
The frozen bodies of Jagdish Patel, 39; his wife Vaishaliben Patel, 37; their 11-year-old daughter, Vihangi; and their three-year-old son, Dharmik, were found on Jan. 19, 2022, near Emerson, Man., just metres from the U.S. border.