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.
Ottawa has ordered more than 811 million rapid tests since the beginning of the pandemic with a price tag of about $5 billion. About 680 million of those went to provinces and territories.
The move, an extension of a Covid-era temporary public policy that was set to expire today, has now been extended by two years, until February 28, 2025. Visitors applying under this public policy who held a work permit within the last 12 months will also continue to be able to request interim work authorization to begin working for their new employer more quickly.
The victim was walking towards the New Westminster SkyTrain Station at approximately 9:00 am when he was punched in the stomach and knocked to the ground by two men he didn’t know. One of the suspects robbed him of his headphones before both suspects fled the area.
Citing an unnamed national security source, the newspaper reported Zhang was instructed by Beijing to donate $1 million in honour of the elder Trudeau in 2014, two years before the $200,000 donation to the Trudeau Foundation was made.
The board says sales for the month totalled 1,808, roughly 33 per cent below the 10-year February sales average. There were 3,467 new listings last month, a 36.6 per cent decrease, when compared with February 2022, and a 5.2 per cent increase, when compared with January.
RCMP say the three were among 10 heli-skiers caught by the slide near the Panorama Mountain Resort, about 150 kilometres southwest of Banff, Alta. Cpl. James Grady says everyone in the group has been accounted for, and four are injured but are expected to recover.