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.
Mable Elmore, parliamentary secretary for senior services, says changes to the residential care regulation will strengthen the voices of resident and family councils. The councils, which she likened to residential stratas, are groups of people who meet regularly to promote the collective interests of residents and discuss concerns.
The word “inflation” appears more than 100 times in the document, making clear the government's primary economic concern. But beyond the top-line debt projections and the analysis of how Canada seeks to soften the impact of a potential recession, the fiscal update offers key details that shed light on Liberal priorities.
Darcy Sidoruk was 18 years old in 1982 when he pleaded guilty and was sentenced for the shooting two years earlier of family friend Yvonne Doucette in Dawson Creek. Sidoruk also admitted to shooting 19-year-old James Pitt, who picked him up hitchhiking outside Dawson Creek, shortly after the murder of Doucette.
According to police, a witness called 9-1-1 around 9:45 p.m. to report a man had been attacked near Renfrew and Graveley streets. The 37-year-old victim was taken to hospital where he died of his injuries. No arrests have been made and a suspect has not been located.
Indian-origin MP Chandra Arya marked Canada's first Hindu Heritage Month beginning frorm November to acknowledge and celebrate contributions made by Hindus to make the country strong and prosperous. The Canadian House of Commons had passed a unanimous resolution moved by Arya earlier this year to have November proclaimed as the Hindu Heritage Month.
Via release, police say they found a 25-year-old man suffering from gunshot wounds. He was transported to hospital where he is in stable condition. According to Mounties, initial indications are that this is an isolated incident and involves parties known to each other.