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.
A statement from Const. Jody Thomas says an unknown man tried to pull the youngster from a ground floor bedroom window of a home on Abbotsford's east side. It happened just before 9 p.m. Monday.
Still, inflation is well above the Bank of Canada’s two per cent target. Bank of Canada governor Tiff Macklem made that very point in an op-ed published by the National Post on Tuesday, saying inflation "remains far too high" and emphasizing the central bank's role in bringing inflation down.
The glitch-prone app touted as an efficient border tool early in the pandemic has become a punching bag for critics who question its utility — but ArriveCan may be here to stay. The government insists it's a useful tool. Critics say it has outlived its use, if it ever had one.
Earlier, British Columbia's Environment Ministry had said that only one wolf was still missing at the zoo, located about 55 kilometres east of Vancouver in the community of Aldergrove. It did not say how many had escaped at the facility, which says it has nine adult grey wolves and six cubs.
Based on the initial information it appears that the fires were deliberately started. Due to the short time frame and close proximity of the fires police believe that they are likely related.
New data from the coroner's service says at least 1,095 residents are believed to have died from January to June this year, at an average of six deaths per day. The report found more than three-quarters of the those who died this year have been male, and most were between the ages of 30 and 59.