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.
Yannick Bandaogo read his statement in French in a quiet, sometimes shaking voice, and said his addiction to crystal meth played a role in altering his mental health and behaviour. Bandaogo, 30, pleaded guilty this year to second-degree murder, several charges of attempted murder and one count of aggravated assault over the attack.
The heist happened April 9th when two suspects entered the club after hours, threatened staff with a gun and knife, zap-strapped and forcibly confined six people -- and left one victim with a life-altering injury. The suspects then escaped with 25-thousand dollars in cash.
Manjinder Singh Kaila, 55, was bitten by a police dog on May 29, 2021, next to his Surrey home, as the cops pursued a suspect, despite the victim yelling “it wasn’t me". The statement of claim named constables Sarbjeet Singh and Paul Baker, who were working with RCMP dog service at that time.
R-B-C assistant chief economist Nathan Janzen says the reason the unemployment rate can rise alongside historically strong employment growth is that population growth continues to set new records, including an increase of 84-thousand people in June.
Island Health says a lack of staff has forced it to begin overnight closures of the emergency room at a small Victoria-area hospital. A statement from the health authority says closure of the Saanich Peninsula Hospital emergency department begins at 10 p.m. tonight and will end at 7 a.m. Saturday.
The association says it has learned of the layoffs as well as cargo diversions as the labour dispute drags on, calling on the International Longshore and Warehouse Union to enter a voluntary arbitration process to end the strike.
