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.
Police say a suspect group has been identified, but no arrests have been made. The reason for the attack and the details linked to it are still being determined and the 21-year-old student is being supported by the Mounties' victim services unit.
Due to the location of the collision and the subsequent downed power line, 64th avenue is closed from 152nd street to 146th street. 148th street is closed from 68th avenue to 62nd avenue. Motorists are asked to avoid the area and find a different route for their morning commute.
Police say a regimental funeral has been scheduled for two Edmonton officers who were shot and killed in the line of duty last week. The funeral for Travis Jordan, who was 35, and Brett Ryan, 30, is to be held March 27 at Rogers Place, the home arena for the Edmonton Oilers of the National Hockey League.
Police in Delta, B.C., say Dr. Olumuyiwa Bamgbade, who operated a pain clinic in that community before relocating it to neighbouring Surrey, faces another charge of sexual assault over an alleged incident in 2019.
The Canada Border Services Agency says enrolment centres will reopen for applicant sit-downs at the Halifax and Winnipeg airports on March 27, followed by a staggered reopening at the six other airports where customs preclearance is an option, including the final two in Toronto and Ottawa on April 24.
Police said they responded to a weapons complaint at around 9:20 a.m., and a suspect was taken into custody about 10 minutes later at Charles P. Allen High School in the suburb of Bedford. A teacher at the school said it appears a male student was in the school's front office with a vice-principal when the student suddenly became violent.