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.
IHIT investigators have identified the victim as a 17-year old man, who lived in the complex in which the shooting took place. At approximately 9:15 a.m. a White Nissan Rogue was reported to have been set on fire in the area of 173 Street and 101 Avenue in Surrey.
On Wednesday, Surrey RCMP received a report that a man was masturbating in the pathway behind a townhouse complex located in the 6400-block of 168 Street. The man jumped a fence entering the backyard of one of the units, and then used a flashlight to capture the attention of the residents before shining the light on his exposed genitalia.
Upon police arrival, officers located a body of a man. During the search of the home, police also found a drug lab. Early indications suggest that this incident is targeted, and the public is not at risk.
Canada's Department of National Defence said the balloon's movements were being actively tracked by the North American Aerospace Defence Command, which is responsible for monitoring airborne threats to the continent.
The meeting will focus on the economic situation both domestically and globally, according to a federal source with knowledge of the gathering, including discussions on how to provide incentives and supports to be competitive with the U.S.'s Inflation Reduction Act.
Fisheries and Oceans Minister Joyce Murray and Environment Minister Steven Guilbeault are both to attend the IMPAC5 conference, joining thousands of delegates from 123 countries. Conference sessions begin Saturday and will last through the week.