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.
It is alleged the Lamborghini lost control and crashed into the retaining wall of a residence. The driver fled prior to Police arrival. Police have since spoken to the owner of the vehicle and launched an investigation into the actions of the driver.
Canada’s largest Vaisakhi Parade outside of Punjab, India took place on April 22 in Surrey, and was attended by approximately 700,000 people. The colorful and vibrant community event saw volunteers and local businesses enthusiastically handing out treats and food and were at forefront of making the parade a successful event.
This month in British Columbia, a 17-year-old boy riding public transit was fatally stabbed near Vancouver and a man on a Surrey-area bus was left with life-threatening issues from a throat slash.
Officers are recommending a charge of assault with a weapon and one count of possession of a weapon for a dangerous purpose. Police say a man and his girlfriend were on SkyTrain at about 1 a.m. on April 15th when they say the suspect stabbed and injured the man.
Global Affairs Canada has provided very little information on efforts to get Canadian citizens, or even its own staff, out of Sudan. But Prime Minister Justin Trudeau provided a limited update Monday afternoon at a photo-op with German President Frank-Walter Steinmeier in Ottawa.
The Public Service Alliance of Canada says more than 100,000 of its staff remain on strike, some of whom are expected to move their picket lines Monday to strategic locations more likely to have an impact on the federal government.