Darpan News Desk The Canadian Press, 01 Sep, 2023 11:01 AM
The latest G-D-P report showing the economy contracted at an annualized rate of 0.2 per cent in the second quarter may signal an end to the Bank of Canada's rate hiking campaign.
Economist Tu Nguyen (WIN) at R-S-M Canada says the cooling economy should be enough evidence for the central bank to forgo further rate hikes unless there is another major external shock that sends inflation upward.
She says this is the first time since the early days of the pandemic that spending on services did not grow, which is a powerful sign of a cooling economy.
Police in Surrey are looking for a suspected arsonist who set a fire at the front entrance of a building earlier this month. R-C-M-P say officers responded to a report of a fire in front of a building in the 139-hundred block of 100 Avenue on June 5th.
On Tuesday at approximately 3:08 a.m., Surrey RCMP received a report of shots heard in the 13000-block of Crescent Road. Crescent Road is closed in both directions between 130 Street and 132 Street while the scene is being processed.
It is alleged that during his tenure as a teacher at St. Thomas Aquinas Regional Secondary School, Vesco sexually assaulted a student while he was teaching at the school from 2017 to 2019.
A statement from Eby's office says Indigenous people comprise about five per cent of B.C.'s population, but account for about 30 per cent of people in provincial jails, and justice centres are a key part of addressing that "over-incarceration."
Officers say the motorcycle was going northbound on Island Highway when a southbound truck tried to make a left turn and hit the motorcycle. The driver of the motorcycle was pronounced dead at a hospital.
Officers responding to reports of a disturbance at a home yesterday evening discovered that an unknown suspect had fired a gun. Shortly after, a person arrived at a local hospital with a minor gunshot wound.
