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.
Pickup says grants from the federal government, for example, should be recorded as revenue rather than deferred revenue — an adjustment that would result this year in a $6.5-billion boost to the surplus.
The ring is described gold Cartier 52 with a diamond on the outside and an inscription on the inside of the band. The rightful owner will be required to prove ownership of the ring by providing police with the details of inscription as well as any other identifying marks.
On Wednesday, Surrey RCMP, responded to a report of a physical altercation between two neighbours in the 14100-block of 61 Avenue, Surrey. Officers attended and provided first aid, but sadly, despite best efforts, the victim’s condition deteriorated rapidly and he succumbed to his injuries on scene. A suspect was located on scene by Surrey RCMP and was arrested for murder.
Henry and Dix describe the shot as being more effective at protecting people from serious illness caused by Omicron, the most common variant of COVID-19 currently circulating in B.C. Officials are expected to provide further information about timing and eligibility for the shots on Sept. 6.
The health agency on Wednesday said that of the confirmed cases, 582 cases are from Ontario, 493 from Quebec, 137 from British Columbia, 31 from Alberta, 3 from Saskatchewan, 2 from the Yukon and 1 each from Nova Scotia, Manitoba and New Brunswick.
According to a separate RBC Economics report, businesses posted almost 70 per cent more job openings in Canada as of June 2022, compared to pre-pandemic. But these firms were competing for 13 per cent fewer unemployed workers than were available in February 2020.