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 victim was walking in the south lane of East 2nd Avenue from Commercial Drive on November 1 at around 7:15 a.m. when she was hit by the driver of a Cadillac Escalade. She was taken to hospital where she died from her injuries.
“I was in the same store where I bought the ticket,” recalled Raj, who shared a Maxmillions prize from the draw with another winner in Ontario. “I checked a few tickets and they were small wins, then I checked the winning ticket and I was sweating.”
Farnworth says the provincial government has dedicated $1.6 million to the Sumas dike project, as he gave an update on recovery progress ahead of the one-year anniversary of what he called "one of the most devastating weather events in the history of our province."
Health Canada pegged the problem to “unprecedented demand since the summer,” with stock “limited” at stores and hospitals in various parts of the country. Observers point to a complex web of factors driving demand, limiting supply and complicating any attempt at a quick fix.
A statement from the Surrey Police Union says 94 per cent of its members have signed a pledge to refuse to apply to, or join, the Mounties, if newly elected Surrey Mayor Brenda Locke makes good on a campaign promise to cancel the city's switch from the national police force to a municipal one.
The victim, a convenience store, shared that when the suspect was spoken to about not paying for ice cream, he began to strike the staff member and brandished a knife. Charges related to assault with a weapon and breach of conditions are being recommended.