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 cabinet order maintaining COVID-19 border measures will not be renewed when it expires on Sept. 30. But Health Minister Jean-Yves Duclos is once again warning that pandemic restrictions could be reinstated if they are needed.
The fee reductions will mean families with children in kindergarten and younger in eligible care, or about 69,000 kids, will receive the lower fees, she said at a news conference Friday at a Burnaby elementary school that provides child-care services.
Workers applying for employment insurance benefits will have to qualify based on pre-pandemic rules starting Sunday, when temporary measures are set to expire. The Liberal government has pledged to reform EI and address gaps in the program, but temporary measures that were put in place during the pandemic will expire before any reform is implemented.
Vancouver Police say an investigation is underway after a patient allegedly armed with a knife chased a doctor at BC Women's Hospital and tried to access a locked nursery as staff hid to protect themselves. Sgt. Steve Addison says he has listened to chilling 911 calls from staff and social workers fearful of the volatile woman, whose child is also a patient at the hospital.
A statement from the RCMP's federal serious and organized crime team says the investigation began in August 2019, when the Canada Border Services Agency intercepted a 12-kilogram shipment of methamphetamine destined for Japan.
Following a six-month investigation, IHIT investigators identified Justin Bos as a suspect in the homicide of Mr. Mostat. On September 21, 2022, Bos was arrested by IHIT for the murder and charged with second degree murder of Cody Mostat.