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.
Officers responded to the accident and currently have the road closed both directions at United Blvd. / Burbidge St. Coquitlam B.C. The investigation is in the evidence gathering phase.
Prime Minister Justin Trudeau appeared at a news conference Monday with a bandage in the middle of his forehead. A spokesperson for Trudeau says he bumped his head while he was playing with his kids over the weekend.
The Mounties say in the first incident, a woman was found dead in a Prince George home on July 17. They say a day later, a 22-year-old woman was found dead in what police say was a targeted event.
The board's order issued Sunday also says the International Longshore and Warehouse Union Canada must hold a ratification vote on the deal with employers no later than Friday, and restricts both sides from commenting to the media, beyond a single joint-statement announcing the agreement.
A dog handler with the Abbotsford Police Department will not face charges linked to an arrest more than two years ago where the suspect was seriously injured. The Independent Investigations Office looked into the March 2021 arrest and determined the officer may have committed offences.
Investigators believe the fatal collision occurred at 1:55 a.m. Monday, when a red Cadillac struck a taxi, then broad-sided a ride-share vehicle at the intersection of Main Street and East 12 Avenue, in Mount Pleasant. The force of the collision killed the 26-year-old Uber driver, who was alone in his vehicle. The taxi driver and two passengers were taken to hospital for precautionary reasons.
