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 Vancouver Chinatown Foundation says more than $1.3 million of the funding will be used modernize buildings, including the Chinese Cultural Centre, Chinatown Storytelling Centre and Dr. Sun Yat-Sen Classical Gardens, with new lighting, signage and awnings.
Drummers and singers from the Nuxalk Nation participated in a ceremony today with the goal to reawaken the spirit of the totem by Louie Snow, an Indigenous carver who lost many works to the Royal B.C. Museum and other institutions.
Kamaljit Tiwana was believed to be driving a grey 2006 Nissan Pathfinder, which was located abandoned by Delta Police in a northbound lane on the Alex Fraser Bridge early Sunday morning. Kamaljit Tiwana is described as a 42-year-old South Asian woman, 5’5, 99 lbs. with brown eyes and black hair.
Prime Minister Justin Trudeau said Sunday Canada and the U.S. were co-operating and in constant communication about the situation, adding both countries and the North American Aerospace Defence Command are taking the situation very seriously.
Two men had serious injuries, but all in hospital were in stable condition, they said. Other injured people were released at the scene. The explosion occurred around 6:18 a.m. local time and affected four homes that were under construction, said Ottawa deputy fire chief David Matschke.
National Security Council co-ordinator John Kirby confirmed the latest encounter and its location during Friday's press briefing at the White House, and said the order to shoot it down came directly from President Joe Biden.