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.
The figures are drawn from a survey conducted as part of an internal Canada Border Services Agency evaluation that looked at how the agency processed travellers, using a lens of gender, race, ethnicity, religion, age, and mental or physical disability, and the interaction between these factors.
The inflation rate hit a nearly 40-year-high of 8.1 per cent in June, but economists were widely expecting inflation to have since slowed. In its latest consumer price index report, Statistics Canada said the July saw the smallest monthly gains since December 2021.
After 3 a.m., the male suspect then reportedly exited the trailer with a weapon and a child. During the engagement with officers, the man was shot and killed. The child was uninjured and a woman was subsequently located with non-life injuries inside the trailer.
Peter Ross, a senior scientist with Raincoast Conservation Foundation, said the vessel sank in an important feeding area for endangered southern resident killer whales. It will be a race against time to clean up the spill, he said.
In the early morning hours on Sunday, August 14th, at 12:38 a.m., Surrey RCMP received a report of shots fired at a residence with a vehicle heard speeding away in the 2600-block of 176Street. Officers attended the scene of the shooting and spoke with a homeowner who located bullet holes in the exterior of their residence. No one was reported injured as a result of this shooting.
Taggar was last seen on the morning of July 17, 2022, in the family home and appeared to be in good health at the time. It is believed that she is without her wallet, cell phone, and ID. The family reports that this is very out of character and is concerned for her well-being.