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.
The lone pilot, who was also the owner of E & B Helicopters Ltd., died when the chopper slammed into a building and burst into flames. No one was hurt on the ground.
Chief of the defence staff Gen. Wayne Eyre officially opened the military’s doors to all permanent residents in October, in direct response to an unprecedented personnel crisis that has left the Armed Forces scrambling for new recruits. Defence Minister Anita Anand publicly announced the measure, which went into effect on Oct. 18, on Monday.
The Liberal government brought in a national child-care plan that would cut daycare fees by an average of 50 per cent by the end of this year — and down to an average of $10 per day by 2026.
When officers arrived, they found a woman with life-threatening injuries. She was rushed to hospital, where she died of her injuries. Police found and arrested one suspect.
Chen says in a statement released by the office of Premier David Eby on Tuesday that she asked him not to consider her in his cabinet shuffle, while she focuses on herself and her son and takes "time and space to heal."
The police investigation was conducted by the Kelowna RCMP and reviewed by the Nelson Police Department, the statement says. Basran is set to make his first appearance related to the charge in Kelowna provincial court on Jan. 24.