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.
The firefighter was working on brush-clearing in a remote area where a fire had started. Her team found her pinned under a fallen tree and began first aid, but she succumbed to her injuries after being airlifted to a hospital in Revelstoke.
On Thursday, at 6:13 p.m., the Mission RCMP were called to the area of the 32500-block of Lougheed Highway. Upon arrival, officers discovered a 42-year old man, suffering from a stab wound. The victim was transported to a local hospital, where sadly, he succumbed to his injuries.
Mounties in Kelowna are warning about an increase of so-called sextortion targeting boys between the ages of 14 and 17. They say the victims often receive friend requests through popular social media sites, and engage in flirtatious conversations.
The victim, a 28-year-old visitor from New Zealand, was allegedly stabbed from behind by a man not known to him, on the corner of Nelson and Granville just before 8 p.m. He took himself to hospital for non-life-threatening injuries.
Emergency Management and Climate Readiness Minister Bowinn Ma called on residents, farmers, businesspeople and industrial plant operators to take urgent steps to cut water use.
Mounties say scammers advertise a property and explain that a deposit is required to secure the property due to high demand. Communication with the renter usually ends once an e-transfer of funds is sent and without the rental property being seen.
