Darpan News Desk The Canadian Press, 18 May, 2023 10:13 AM
The Bank of Canada is growing more concerned about the risks that high household debt pose to Canada's financial system.
WATCH: Governor Macklem and Senior Deputy Governor Rogers take questions from the media following the release of the Financial System Review.https://t.co/wcXIiWJUy0#economy#cdnecon
It says higher borrowing costs mean more households will likely face financial pressure going forward, while falling home prices have reduced homeowner equity.
The central bank is also warning that financial stability could be threatened by a potential major cyber attack and more frequent extreme weather events associated with climate change.
Vancouver police and city staff moved into the Downtown Eastside encampment last Wednesday to dismantle and throw away belongings, tents and other structures that lined the sidewalks on Hastings Street. Mayor Ken Sim, along with the fire and police chiefs, said the fire danger and increased crime meant the encampment had to be dismantled.
The study showed almost 17 tonnes of drug products were trafficked for $234.7 million in eight markets, with the most popular drugs being stimulants, cannabis, opioids and benzodiazepines.
The party announced in November that 80 per cent of Liberal members voted to proceed with the name change to BC United. Falcon, who was elected leader last year, said that reconsidering the party name was a priority during his leadership campaign where he promised full-scale renewal.
The documents posted online are labelled secret and contain what appear to be details on weapons and equipment shipments to Ukraine, but they also contain apparent inaccuracies that have some questioning their authenticity, or whether they were altered.
The suspect is described as a Caucasian male, approximately 30-35 years old, medium build, approximately 170 lbs, with brown shoulder length hair, brown goatee beard and wearing prescription glasses. He was last seen wearing a black jacket with a blue shirt underneath, black pants, white runners with blue shoe laces.
For the 2023-24 school year, the Liberals are planning to increase the maximum grants available to $4,200, up from $3,000. The loan limit is also increasing $300 per week of study from $210.
