Close X
Sunday, December 1, 2024
ADVT 
National

Inflation rate fell to 2.8 per cent in June

Darpan News Desk The Canadian Press, 18 Jul, 2023 10:56 AM
  • Inflation rate fell to 2.8 per cent in June

The inflation rate fell to 2.8 per cent in June, but Statistics Canada is also reporting grocery prices shot up 9.1 per cent from year-ago levels.

That's even more than prices rose in May.

B-M-O economist Benjamin Reitzes (RIGHT'-sis) says the report was mixed.

But he thinks there are enough encouraging signs in it to make the Bank of Canada pleased with the direction inflation is headed.

MORE National ARTICLES

Pedestrian killed in Vancouver’s Chinatown

Pedestrian killed in Vancouver’s Chinatown
The city's police say a woman was crossing near Main and Georgia streets when she was struck just before 12:30 p-m. They say the driver is co-operating with the investigation.  

Pedestrian killed in Vancouver’s Chinatown

BC to invest in newcomers

BC to invest in newcomers
The provincial government will spend nearly 26-million dollars annually for settlement services to help newcomers succeed in their new communities.  That's an increase from six-million dollars the province had previously provided. 

BC to invest in newcomers

10 cars vandalized: New Westminster Police

10 cars vandalized: New Westminster Police
When officers arrived on scene they found ten vehicles had been sprayed with orange and blue paint. Officers collected evidence and began canvassing the area for CCTV footage.

10 cars vandalized: New Westminster Police

B.C. company expands antibody research, production facilities for second time

B.C. company expands antibody research, production facilities for second time
B.C. Premier David Eby said the expansion project will create more than 400 jobs, while ensuring world-leading medicines are developed in Canada for Canadians and people globally.

B.C. company expands antibody research, production facilities for second time

Surrey, B.C., municipal police force calls for clarity over future

Surrey, B.C., municipal police force calls for clarity over future
An open letter from the Surrey Police Service says the ongoing debate over whether the city transitions to using a municipal force or returns to the RCMP means employees are increasingly distracted by worries about their futures. The letter calls for "a clear and safe path forward for policing in Surrey."

Surrey, B.C., municipal police force calls for clarity over future

Driver strikes a pole in 152nd Street area of Surrey, road closures in effect

Driver strikes a pole in 152nd Street area of Surrey, road closures in effect
Surrey RCMP is investigating a single vehicle collision in the area of 152nd street and 62a Avenue. A vehicle was travelling north bound on 152 street when the driver lost control and struck a power pole, severely damaging it.

Driver strikes a pole in 152nd Street area of Surrey, road closures in effect