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.
A man has been convicted of manslaughter in the death of an off-duty Abbotsford police officer in the Kootenay community of Nelson three years ago. Constable Allan Young died at the age of 55 several days after he sustained a critical injury when he was struck in the head with a skateboard in July 2020.
Richmond -R-C-M-P say the scam -- in which fraudsters try to convince seniors that a loved one is in trouble and needs money -- has been around for years. But recently they say scammers have started using artificial intelligence and digital manipulation to alter the voice in the phone call in order to sound more authentic.
Mounties on Vancouver Island say two people have been killed in the crash of a small plane northwest of Tofino. The B.C. Ambulance Service says two others were injured.
The investigation by Surrey's ethics commissioner says Rob Stutt broke the council's code of conduct on Nov. 14 when he voted at a meeting to decide the fate of the transition. The move to the Surrey Police Service was rejected in a 5-4 vote.
The B-C government says it will spend 375-thousand dollars over three years to support child and youth counselling services at the Vancouver Island Counselling Centre for Immigrants and Refugees.
The College of Massage Therapists of British Columbia says a massage therapist in Burnaby who's been accused of sexual misconduct cannot have female clients while he's being investigated. It comes after a patient complained that the therapist inappropriately touched them in April.