Darpan News Desk The Canadian Press, 26 Apr, 2023 01:38 PM
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.
A statement from the Ministry of Health says Dr. Andrew Larder, who previously served as a medical health officer at both Fraser and Interior Health, joins Hinshaw, and will also be on temporary assignment over the next several months.
The meeting at the office of the Vancouver Area Network of Drug Users (VANDU) on the first day of the new policy began with a man handing out "know your rights" cards. They say people aged 18 and over carrying up to 2.5 grams of opioids, cocaine, methamphetamine and MDMA, or ecstasy, for their own use will not have those drugs confiscated.
While the current downturn has resulted in a price decline of about 10 per cent, the forecast says steady population growth in Metro Vancouver will underpin prices and maintain or even increase values. It says the average home price this year for apartments, attached and detached homes is expected to climb slightly to $1.2 million, a 1.4 per cent increase.
U.S. trade officials and dairy industry advocates say a large share of those quotas were being allocated to processors rather than producers. The U.S. says the federal government amended its policies, but that the new procedures remain "inconsistent" with the terms of the agreement, known as USMCA in the U.S. and CUSMA in Canada.
Snow created slick conditions on the roads and caused delays for commuters in traffic. There were also crashes on many routes of Vancouver and South of the Fraser. Cars got stuck up the hill and there were major delays in transit throughout the day.
The Health Standards Organization released updated standards Tuesday that say residents should get at least four hours of direct care every day. The standards from the panel of experts at the non-profit standards organization also say those who work in those residences must be paid more.