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.
Witnesses told police, the suspect was seen approaching the victim wearing a mask and carrying a baseball bat. The suspect then allegedly hit the victim with the bat and kicked him before fleeing on foot with a group of 4-5 youths. Bystanders provided first aid to the 18-year man until such time that emergency first responders arrived on scene.
A statement from the Agriculture Ministry says the funding will be used for community-scale projects that protect and restore local ecosystems and wetlands, such as culvert improvements, embankment stabilization and crop diversification.
The search, in an area about 700 kilometres south of St. John’s, N.L., is in a race against time because the 6.4-metre vessel had a 96-hour oxygen supply when it submerged on Sunday morning, according to an adviser for owner OceanGate Expeditions.
A Victoria provincial court judge found the violations happened off Galiano Island in May of last year when officers checked a nearly seven-metre vessel, discovering a cache of hidden rock fish -- including three Yelloweye rock fish, which are illegal to retain.
R-C-M-P say it happened just after eight last night in a home in the city's Quinson neighbourhood, northwest of the downtown core. Investigators haven't said how many people might have been involved in the attack or how they were called to the home.
Chief Public Health Officer Dr. Theresa Tam says the smoke from the fires contains microscopic particles that pose significant risk to both humans and animals. The particles can cause asthma attacks, compound breathing problems for people with C-O-P-D, and potentially lead to bronchitis and pneumonia.
