Darpan News Desk The Canadian Press, 03 Nov, 2023 12:46 PM
Statistics Canada says unemployment continues to nudge upward across the country, rising to 5.7 per cent last month -- up two-tenths of a point since September.
The increase is the fourth in the last six months and comes despite the addition of 18-thousand jobs.
Economists warn that climbing unemployment is happening at the same time as high interest rates are cooling the economy.
Statistics Canada numbers show the jobless rate in B-C didn't budge last months from its 5.4 per cent setting recorded in September
Vancouver's park board is urging Stanley Park visitors to avoid driving to Stanley Park in September to alleviate heavy traffic linked to large-scale events. The board says visitors should consider using alternative transportation methods or park elsewhere in the city.
The City of Vancouver is cautioning people to stop consuming alcohol on beaches starting next week as a three-month pilot program comes to an end. The city's park board says alcohol consumption on Vancouver beaches will no longer be legal as of this coming Tuesday.
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.
Canadians planning to hit the road for the last long weekend of summer can expect to pay more for gasoline than they did last Labour Day. The national average gasoline price as of Friday was $1.67 cents per litre, according to fuel price tracking website GasBuddy.com.
A new poll suggests nearly half of Canadians are living paycheque to paycheque as the cost of living crisis continues to squeeze household budgets, and young people are more likely to say their finances are in poor shape. It also suggests the Conservatives, who are hammering home a message about affordability, are gaining popularity, with 38 per cent of respondents saying they'd vote for the Tories if an election were held today.
The British Columbia government is expanding measures to lower the cost of child care by introducing fee reductions for preschool and school-aged children. Premier David Eby says families with children in eligible half-day preschool, as well as before- and after-school programs, could save an additional $145 per month, per child, as the program gets underway in September.
