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.
In the event of a strike, many federal services from taxes to passport renewals could be affected — with departments and agencies now signalling which essential services will continue during a strike, and which may be disrupted.
Earthquakes Canada estimated the quake that happened at about 8 a.m. local time was magnitude 5.8, while the tsunami warning centre said it reached 6.2. The earthquake was centred along the eastern edge of the Juan de Fuca plate off Vancouver Island.
David Eby says the stabbing death of a 17-year-old male on a Surrey bus on Tuesday is every parent's nightmare. The premier says Public Safety Minister Mike Farnworth is reaching out to transit authorities and police to see if more resources are needed to ensure transit safety.
The Vaisakhi parade in Surrey is known to be the largest of its kind outside India, drawing over 500,000 people in previous years. The parade features colorful floats, music, dance, and food, showcasing the rich and diverse Sikh and Punjabi culture.
The Guru gave the Sikhs new values, ideals, and practices, culminating in a sovereign identity. It separated them from the traditional society, its pilgrimages, and practices. Nam (Divine Identification) became the Sikh culture, and its Nash doctrine of five freedoms was introduced to end the bonds of old religions, traditions, and societies.
Darpan's special Vaisakhi issue is out now. Read about the Birth of Khalsa, find great recipes, and after a 3 year pandemic hiatus the Vaisakhi parade returns to the City of Surrey.