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.
Former Liberal MP Navdeep Bains was the minister of industry for more than five years until he left government for the private sector in 2021. He was among several new appointments made to Rogers executive leadership team last week after Bains cleared his new job with both the lobbying and ethics commissioners in Ottawa.
Prime Minister Justin Trudeau said earlier this week Canada had a C-17 military plane in the region to help airlift Canadians out but so far has relied on other countries to find space on their planes or boats. On Tuesday Joly told Parliament 1,700 people had registered and 550 had asked for help.
Treasury Board President Mona Fortier says in a written statement today that she wants to make an agreement quickly, but the government won't sign an agreement that Canadians can't afford. The parties remain at the negotiating table while the strike continues.
B-C's Vancity credit union says Christine Bergeron is stepping down as president and C-E-O to take the top job at real estate company Concert Properties. The credit union says Bergeron will continue with Vancity until mid-July.
R-C-M-P say officers arrived at the building Saturday morning to find a man lying on the ground unconscious with severe injuries. The man was taken to a local hospital where he remains in critical condition.
Mounties and representatives with the B-C-A-A spent Monday morning watching drivers on westbound Lougheed Highway at Phillips Avenue. B-C drivers are required to slow down and move over for all vehicles stopped alongside the road that have flashing red, blue or yellow lights.