Darpan News Desk The Canadian Press, 26 Apr, 2023 01:38 PM
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.
Daylight time, which sees people enjoy an extra hour of daylight at the end of the day starting March 12, ends on Sunday. The standard function of DST is to set clocks forward by one hour in the spring and thus the phrase spring forward, and to set clocks back by one hour in the Fall thus the phrase fall back to return to original clock time.
Randy Downes had coached minor hockey and children's baseball in Burnaby and Coquitlam for 30 years when he was charged in 2016 after border agents found images on his phone as he returned to Canada from Washington state.
The Canadian economy is expected to slow significantly this year and potentially enter a recession as high interest rates squeeze the budgets for individuals and businesses alike. Freeland has stressed that the Liberal government is focused on fiscal restraint, so as to not work against the Bank of Canada's efforts to tame inflation.
Grewal left the federal Liberal caucus in 2018 after his gambling problem came to light and a public outcry ensued. He chose not to run for re-election in 2019. In 2020, the RCMP charged him with four counts of breach of trust and one count of fraud over $5,000.
In her most expansive recent remarks since a CBC investigation last fall raised questions about her claim of Cree heritage, Turpel-Lafond said it's "liberating" to be freed of honours because it permits her to "focus on what really matters" in her life.
Darren Laur, chief training officer at White Hatter, an internet safety and digital literacy education company based in Victoria said the teen's family reached out to him with their story after the other firm told them there was nothing that could be done.