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.
Employment has generally trended up since September 2022. Over that period, the number of people employed has increased by 383,000, or 1.9 per cent, the national statistical agency added on Thursday.
Provincial health officer Dr. Bonnie Henry says the requirement for health-care workers to be fully vaccinated remains, but the steady decline in COVID-19 hospitalizations indicates the province is "emerging" from the pandemic.
27-year old Nathan Pillay was last seen leaving his home in the 10200 block of Shell Road at about midnight last night (April 5/6). Pillay requires daily medication and family members are becoming concerned for his well-being.
A total of 90.77 kilograms of cocaine was seized from the hidden compartments, which has an estimated wholesale value of more than $5 million. Steven Christopher Fera, 45, of Calgary, and Jason Jamie Chan, 38, of Surrey, are charged with two counts each of possession of cocaine for the purpose of trafficking.
Police have identified and located two youth who are believed to be the source of the threat. There is no continued threat to the public or the school. The school lifted their lockdown with classes resuming as normal.
It says police identified two robbery suspects and, during an altercation, an officer shot and killed a man. The authority says the second suspect was taken into custody and no one else was hurt.