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 legislation aims to increase housing supply with measures that will end several rental restrictions and have the potential to force local governments to meet housing growth targets.
A statement from Coquitlam RCMP says officers were called to an armed robbery at a car dealership in Port Coquitlam just before 4 p.m., Tuesday. Police say four suspects fled in a stolen vehicle and responding officers were involved in an exchange of gunfire before the stolen sedan crashed along Highway 1 in Coquitlam and the four fled.
Premier Eby made the announcement on Tuesday, during a speech to about 1,400 attendees at the Housing Central Conference at the Sheraton Wall Centre Hotel in Vancouver. The minister of housing will be named when Premier Eby announces his cabinet on Dec. 7, 2022.
The 18-year-old victim was transported to hospital, however despite all attempts to revive the individual he succumbed to his injuries. Police located and arrested one possible suspect.
Liberal Leader Kevin Falcon says Eby must launch independent reviews at BC Housing and Atira Women's Resources Society after leaked reports indicated mismanagement.
Lana Popham says normally avian flu aligns with bird migration seasons, but the latest infections in farms of the H5N1 virus have been consistent all year. She says the situation isn't as bad as it was in 2004, when 17 million farm birds were destroyed.