Inflation finally hit the Bank of Canada's two per cent target in August after a tumultuous battle with skyrocketing price growth, raising the odds of larger interest rate cuts in the coming months. Canada's annual inflation rate fell from 2.5 per cent in July to reach the lowest level since February 2021.
Statistics Canada has changed the way it tracks the price of wireless plans in an effort to capture a more accurate picture of what Canadians are paying when it calculates the inflation rate. The agency has been using web-collected data on the advertised cost of plans based on a set of profiles designed to reflect how households use their devices.
Mounties in Squamish say two people have been arrested in what they are calling a weapons related incident near Government Road and Garibaldi Way on Sunday. They say a victim was brought to the hospital with non-life-threatening-injuries.
The owner of a pickup truck was injured along with his friend after they jumped into the back of the vehicle as it was being stolen and were launched out when it crashed. Winnipeg police say the truck owner saw his Ford F150 being stolen Saturday evening and, along with the friend, got in the box of the truck and called 911.
An incumbent BC United legislative member has reversed her decision not to seek re-election and has announced she'll run as an Independent in the riding of West Vancouver-Capilano in the upcoming British Columbia election. Karin Kirkpatrick has been a vocal critic of BC United Leader Kevin Falcon's decision last month to suspend the party's campaign and throw support behind the B.C. Conservatives under John Rustad.