Darpan News Desk The Canadian Press, 25 Oct, 2023 09:38 AM
The Bank of Canada is keeping its key interest rate at five per cent, saying there are clearer signs that monetary policy is moderating spending and relieving price pressures.
But it hasn't ruled out future rate hikes as those pressures remain high.
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38-year-old Harinder Singh Sihota is in custody as police in Surrey and Delta investigate a series of violent events that included a break-in, assault and several car crashes. Surrey R-C-M-P say it began with a break-in Saturday night at a home in northwest Surrey and the assault of several people in the house.
Canada ordered an Indian diplomat to leave Canada on Monday in response to what Prime Minister Justin Trudeau called "credible" intelligence linking agents of India's government to the shooting death of a Sikh leader near Vancouver.
Top executives from Canada's major grocery chains are in Ottawa this morning to meet with two federal cabinet ministers and discuss measures to stabilize grocery prices. Finance Minister Chrystia Freeland and Industry Minister François-Philippe Champagne are set to meet with executives from Loblaw, Metro, Empire, Walmart and Costco this morning.
A firefighter was injured after an aggressive fire in Vancouver's downtown early Saturday caused a ceiling to collapse onto him. Assistant fire chief Pierre Morin says the firefighter was taken to hospital with minor injuries, but has since been released.
Earthquakes Canada said a 4.0 magnitude quake was registered around 8:20 a.m. local time. Its epicentre was 185 kilometres west of Port Hardy, north of Vancouver Island. This followed a 5.5 magnitude quake recorded at 4:30 a.m. and another 4.2 magnitude quake recorded about an hour and a half earlier near the same location.
An evacuation order has been issued for eight recreational properties due to the Glen Lake Wildfire, about 15 kilometres west of Peachland, B.C. The Central Okanagan Emergency Operations Centre says it also issued an evacuation alert for all areas south of Peachland Forest Service Road from the 5 kilometre marker to the boundary between the Regional District of Central Okanagan and the Regional District of South Okanagan.
