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.
Jasvir Parmar was last seen on November 21, 2022 in the 6600-block of 133rd Street. Her last contact with family was in the early morning hours on Tuesday. Since then, efforts to find her have been unsuccessful. Police and family are concerned for Parmar’s well-being.
Sajjan attended the World Cup on behalf of the Trudeau government, where the Canadian men's team is competing for the first time in years. He met with U.S. Secretary of State Antony Blinken and local officials.
The statement of claim says B.C.'s police complaints commissioner asked the New Westminster Police Department to investigate the claims and it recommended charges against the officer who was alleged to have extorted Chan.
On November 10th, search warrants were executed at two residences within Abbotsford and Surrey. 3 men in their twenties were arrested and released. All three males arrested in this investigation are Abbotsford residents associated with the Lower Mainland Gang Conflict.
Eby said the money will be used to fill vacancies in rural RCMP detachments and regional units, as well as to hire more officers for specialized units such as major crime, the sexual exploitation of children unit and money laundering.
The full effects of interest rate hikes have yet to be felt — and will be "even more powerful" than many anticipate, former Bank of Canada governor Stephen Poloz says. Speaking at a conference in Ottawa hosted by Western University's Ivey Business School, the former governor warned today’s economy is more sensitive to interest rates than it was 10 years ago.