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.
Sixteen people were killed and 13 were injured when an inexperienced truck driver went through a stop sign and into the path of the junior hockey team's bus at a rural intersection near Tisdale, Sask., on April 6, 2018. Jaskirat Singh Sidhu, the trucker who caused the crash, was sentenced to eight years in prison after he pleaded guilty to dangerous driving charges. In July, he was granted day parole for six months.
Any sparks that may fly between Poilievre and Prime Minister Justin Trudeau will have to wait for Thursday, when Trudeau returns to the House following the United Nations General Assembly. On Tuesday, the Liberals wasted no time introducing legislation to offer some brief respite to lower-income Canadians struggling to pay their bills amid soaring costs.
A senior government official who spoke on the condition of anonymity to discuss matters not made public says no decision has been made. Under the soon-to-expire rules, foreign nationals are typically not allowed to travel to Canada unless they have completed a primary series of an approved COVID-19 vaccine, unless they qualify for an exception.
On Tuesday morning at 9:25 a.m, Surrey RCMP, received a reported of a person passed out in a running vehicle in the 8800-block of 127 Street. First responders arrived on scene and located an injured person who was unresponsive. Despite lifesaving efforts, the man did not survive.
If granted royal assent, Bill C-31 would provide qualifying families with children under the age of 12 with up to $650 per child each year to pay for dental care services. Families with a household income under $90,000 need to provide the Canada Revenue Agency with the name of their licensed dental-care practitioner and the month of the planned appointment.
The lumber producer says it is taking a two-week curtailment starting Sept. 26 at the majority of its solid wood facilities in B.C. Production will resume with reduced operating schedules until the end of the year.