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.
This week's federal budget says the Canada Revenue Agency will also present a plan in 2024 to expand the service, following consultations with stakeholders and community organizations. The move toward automatic tax filing, first promised in the 2020 speech from the throne, is one of several budget measures the Liberals say are meant to help Canadians with the cost of living.
Police responded to the messages and arranged to have the drugs delivered to the dealer's home. Dwayne Alexander Campbell was arrested upon arriving at the residence, charged with drug-trafficking offences and convicted in court.
Mid-sized businesses like London Drugs, along with grocery stores, dollar-stores, and clothing retailers, were among the widest targeted by thieves during the three-week anti-shoplifting blitz, which ran February 15 to March 10.
The budget's economic projections, which are based on a survey of private-sector economists, show the economy slowing more than what was anticipated in the fall. The federal government is now expecting a shallow recession this year as high interest rates weigh on growth.
A 40-year-old pedestrian was struck at 9:30 p.m. while crossing East 1st Avenue at Woodland Drive, suffering life-threatening injuries. She remains at hospital in critical condition. The driver remained at the collision scene, and neither speed nor alcohol are considered factors.
That includes a new tax credit worth 15 per cent of investments made to build new renewable energy infrastructure, including wind and solar plants, nuclear reactors, emissions-trapping natural gas plants, new transmission lines between provinces and territories and stationary electricity storage, such as batteries.