Police on eastern Vancouver Island say they have found the body of a 26-year-old man in the waters of Cowichan Bay.
R-C-M-P say the man was last seen Monday and reported missing on Wednesday.
They say the R-C-M-P West Coast Marine Unit was deployed to search the bay with the help of a police helicopter, and the man's body was found yesterday.
Corporal Alex Bérubé says there are no signals of criminality, but the circumstances of the man's death will be thoroughly examined.
Governor Tiff Macklem says economic data since January has improved the central bank’s confidence that inflation will continue to slow, even as economic growth picks up. The governor says while the Bank of Canada is seeing the evidence it needs to begin lowering interest rates, it needs to see price pressures ease for longer to make sure the decline in inflation is sustained.
The British Columbia government is granting a one-time $430 benefit to the roughly 20,000 seniors in its support program for elderly low-income renters. B.C. Housing Minister Ravi Kahlon says eligible seniors don't need to apply for the payment, which will be sent out this month.
British Columbia's credit status took a double blow on Tuesday, with S&P downgrading the province due to the risk of "outsize" deficits, and Moody's turning its outlook negative. S&P Global Ratings blamed big government spending as it dropped its credit rating for the province and BC Hydro's provincially guaranteed unsecured debt from AA status to AA-minus.
The B.C. government says it's making it easier for forestry companies to salvage timber damaged by wildfires. Sustainable Forestry Innovation Minister Andrew Mercier says in a statement that changes to the price of fees for harvesting timber on Crown land make salvage "more economic," and will speed up forest regeneration.
British Columbia is moving ahead with the transition to an independent police service in Surrey after the mayor and council refused to part ways with the RCMP. Solicitor General Mike Farnworth says a plan is in place for the continued transition to the independent Surrey Police Service, and he'll release more details next week on how that will work.
British Columbia's government is spearheading a new public development project on Vancouver Island aimed at bringing more affordable homes closer to transit access Premier David Eby says the province has purchased two parcels of land for the Uptown development in Saanich, B.C., through the $394-million property acquisition fund operated by the Transportation Ministry.