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.
WHO director-general Tedros Adhanom Ghebreyesus will make the final call based on the advice the committee gives him. He warned earlier this week that he remains concerned about the impact of the virus, noting there were 170,000 deaths from COVID-19 reported around the world in the last two months.
Trudeau says his party will push for improvements in public health-care, build a green economy and continue to support Ukraine following Russia's invasion. He encouraged his caucus to build an economy that works for the middle class, and that will benefit future generations.
Western Forest Products announced Thursday that the mill will not restart "in its current configuration" and says a group, including the United Steelworkers and Indigenous partners, will spend the next 90 days seeking viable solutions for the operation.
Doctors, nurses and patient advocacy groups have been frantically waving red flags about the crisis unfolding in Canadian hospitals since the pandemic began, when intensive care units and emergency rooms were flooded with patients.
The letter says American dairy producers still aren't getting the access to the Canadian market they're entitled to under the U.S.-Mexico-Canada Agreement. It also describes Canada's planned digital services tax as discriminatory and raises similar concerns about new legislation to regulate online streaming and news.
Farnworth says the policing transition in Surrey is complex, requiring a full and in-depth analysis before a decision is made, as stability in policing is fundamental to ensuring public safety. Surrey city council voted in December to send a plan to Farnworth requesting to keep the RCMP, saying that would save $235 million over five years.