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.
The Liberal government's long-promised plan to transition Canada's labour force to respond to climate change says a clean energy economy will not prompt massive unemployment in the country's energy towns. It says if Canada plays its cards right, the clean energy economy will create so many jobs there may not be enough workers to fill them.
Earthquakes Canada reports a 4.8 magnitude quake struck just before 11 p.m. PST. There are no reports of damage. No tsunami is expected.
Avalanche Canada says a group of five snowboarders and one skier were caught in the slide Thursday in an area known as Terminator 2.5 outside of a ski area boundary near the town of Golden. Avalanche Canada says the two buried victims did not survive and the one person partly buried was rescued with injuries.
Brian Moore has been charged with 10 counts of indecent assault on a male, one count of sexual touching of a person under 14 years old, and one count of sexual assault. North Vancouver RCMP say Moore, now 83, taught at Upper Lynn Elementary School starting in 1970 before the end of his employment in 1982.
John Rustad, who has been representing the northern B.C. riding of Nechako Lakes as an independent, said Thursday the B.C. Conservatives now best represent his political views and goals.
Wat, speaking on Phoenix TV's Daily Topic Show, said "we are very opposed to so-called safe injection sites," remarks she later said "accidentally misrepresented" her party's position. The Liberal MLA representing Richmond Centre is the latest politician to be accused of straying from an official line or tailoring a message to non-English-speaking audiences.