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 forensic composite sketch of the suspect has been compiled. The suspect is described as a Caucasian man in his 20s, 178 cm (5’ 10) tall, slim build, with brown curly hair and a blue/green flower tattoo on right forearm.
Via release, Mounties say approximately 20 minutes after the initial report of shots fired, police received a second report of a shooting in the 9200-block of 163 Street. Similar to the first incident, responding officers located a residence with damage and evidence consistent with a shooting.
On Monday, BC Wildfire Service information officer Bryan Zandberg said winds around the Keremeos Creek fire were light, at about 15 kilometres per hour, which allowed firefighters to make good progress building containment lines.
Via release, the Mounties say the elderly female pedestrian stepped off to cross the street was struck by a vehicle heading west bound on 76 Avenue. She was transported to hospital and remains in hospital in serious condition with life-threatening injuries.
Genevieve Ring says Vernon-Monashee MLA Harwinder Sandhu should be recalled because she is part of the NDP government that has failed residents of British Columbia on the critical issues of COVID-19 and health care. Ring says she is not prepared to wait for the next election scheduled for the fall of 2024 to make changes to improve health care.
As of now only 3 flights are operational between YVR and DEL during the week but flights will be offered every single day at the end of the month. There is increased demand for people to travel after a 2 year pandemic hiatus.