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 driver, a 21-year-old man, was arrested for Dangerous Operation of a Motor Vehicle and Flight from Police. He was treated on scene for minor injuries and released to appear in court at a later date. Speed and dangerous driving were contributing factors in the collision.
Robanpreet was last seen on July 9, 2023 at his residence in Surrey. Police and family are concerned for Robanpreet’s health and well-being as it is out of character for Robanpreet to be out of contact for this long. If you see Robanpreet, keep him in sight and call police.
Bill Blair tells The Canadian Press the government operations centre has been in discussions with the province for the last several days, and Ottawa is ready to deploy needed resources as the formal request for help is expected Thursday.
A B-C man has been sentenced to nine years in prison for fatally shooting a woman in Surrey two years ago, and for an unrelated robbery two months earlier. The 26-year-old pleaded guilty to manslaughter for killing a 20-year-old sex worker in May 2021, and to a robbery and a weapons charge for holding up a poker game in Burnaby in March that same year.
Dutch judges have been considering how to convert the 13-year sentence imposed on Aydin Coban by a B-C court into a term that meshes with the Dutch legal system -- and it's possible he could serve about 4-and-a-half years for his crimes against Amanda Todd.
The tentative deal comes after federal Labour Minister Seamus O'Regan ordered a mediator to issue terms of possible settlement earlier this week, saying the gap in the deadlocked talks was "not sufficient to justify a continued work stoppage."
