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 wildly popular show stars Pedro Pascal and Bella Ramsey as their characters traverse the United States 20 years after a fungal pandemic collapses society. The show, based on a video game franchise of the same name, has proved to be a boon for Alberta's film and travel sectors.
Two motorcycles were travelling east bound on Fraser Highway approaching 182 street, when they both lost control and struck the center median. The 49 year old male rider of one of the motorcycles was transported to a local area hospital where he was pronounced deceased. The other rider, a male, suffered serious injuries.
In its 2023 budget Tuesday, the government revealed the federally administered insurance program will be far more expensive over the next five years than it originally thought. It is also projecting that ongoing costs after that will more than double to $4.4 billion per year, up from $1.7 billion.
The CEO of the Horizon School Division, whose term at the helm of the hockey team has ended, was unexpectedly thrust into an international spotlight after the crash. So was his community and team. Now, Garinger says, the intense focus has faded but the small Saskatchewan city east of Saskatoon is still figuring out how to exist within that legacy.
The largest telecommunications deal in Canadian history will go forward after Rogers Communications Inc.'s $26-billion takeover of Shaw Communications Inc. received approval from Ottawa on Friday. The green light means the deal has cleared its final regulatory hurdle just over two years after it was first announced.
Canadian Heritage Minister Pablo Rodriguez has said his government is against the amendment because it could create a loophole for big companies to avoid following the law. The U.S. government has also raised concerns that the law could discriminate against American companies, with some U.S. senators calling for a trade crackdown.