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.
Police say they were told the suspect had gone to a home a block away on Graveley Street. With the help of the Vancouver Emergency Response Team, RCMP took three men into custody outside the residence, while two suspects remained inside.Police say they were told the suspect had gone to a home a block away on Graveley Street.
Vancouver police say they received a 911 call around 6:45 p.m. about a person acting erratically on the Granville Street Bridge. Police say when they arrived, there was an altercation between a man and officers. The man was shot and killed by police.
North Vancouver Mayor Linda Buchanan says in a statement that former councillor Bob Fearnley and his daughter both died in an early morning blaze Thursday in the city's Delbrook neighbourhood.
The statement from Vancouver police says 34-year-old Jeff Jeanty died in a suspicious fire on Jan. 3, but due to the "sensitive nature" of the investigation, few details could be provided at the time. The woman, in her 20s with a fair complexion, is described as 5’8” tall, with a small to medium build.
The investigation resulted in CFSEU-BC executed 13 search warrants between October 13, 2022 and January 23, 2023 in several Peace Region communities and 23 people were arrested and released pending charge approval and the judicial process.
The 74-year-old victim was standing at a bus stop near Main and Keefer streets at 5:30 a.m. when a stranger walked up behind her and pushed her to the ground. The woman was taken to hospital for non-life-threatening injuries.