Darpan News Desk The Canadian Press, 26 Apr, 2023 01:38 PM
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.
Mediated contract negotiations between the Public Service Alliance of Canada and the government began in early April and continued through the weekend in what the union describes as the government's last chance to reach a deal.
Myles Gray, who was 33, died in August 2015, shortly after a beating by seven officers, leaving him with a broken eye socket, a crushed voice box, a ruptured testicle and other injuries. The inquest began Monday in Burnaby, B.C., with testimony from six of the more than 40 witnesses expected to appear over 10 days.
Uber Canada says, starting immediately, B.C. residents over the age of 19 can use the Uber Eats app to order marijuana from local, licensed retailers. The statement from Uber Eats says its delivery workers won't be involved because certified staff from the cannabis retailer will instead deliver the order to the customer and verify the recipient's age and sobriety.
It says that's the second highest total ever recorded over the first three months of a calendar year, behind only 2022 when 599 people died. The figures also show that 2,314 deaths due to toxic drugs occurred last year, making the annual toll the deadliest on record since a public health emergency was declared in 2016.
Ridge Meadows RCMP are confirming that a man was located deceased in Pitt Meadows. On Monday, at around noon police located a man’s body in a wooded area west of Golden Ears bridge. The police investigation has revealed this incident to be suspicious in nature.
The initial investigation indicates that a white van was seen fleeing the scene. Police will be working to determine if a subsequent vehicle fire found nearby at 147 Street and 69 Avenue is connected to the shooting investigation.