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.
Officers responded to West Pender and Carrall Street shortly after midnight and discovered a man who was deceased. The victim has not yet been identified and no arrests have been made.
Thousands of buildings were reported collapsed in a wide area extending from Syria’s cities of Aleppo and Hama to Turkey’s Diyarbakir, more than 330 kilometres to the northeast. Some 18,000 people were killed in similarly powerful earthquakes that hit northwest Turkey in 1999.
Raj Grewal's lawyer argues that prosecutors have not presented enough evidence to find him guilty of the two breach of trust charges, and the Crown has failed to establish essential elements required for such a finding.
Premier David Eby says economists are predicating a "global slowdown and potentially recession" and his government is focused on keeping the economy strong by building trade relationships and supporting businesses.
Association chief economist Brendon Ogmundson blames expected sluggish sales this year on a slowing economy and ongoing, elevated mortgage rates. The forecast predicts residential sales in B-C will skid 7.1 per cent this year before surging nearly 24 per cent in 2024.
The survivor has life-threatening injuries, but police say the public is not believed to be at risk. IHIT is trying to determine if the tripped alarm and triggered sprinklers could be linked to the case.