The Bank of Canada hiked its key interest rate by half of a percentage point Wednesday and said rates will need to rise further to clamp down on decades-high inflation.
Since March, the central bank has raised its key interest rate from 0.25 per cent to 3.75 per cent, making it one of the fastest monetary policy tightening cycles in its history.
The Bank of Canada is forecasting inflation will slow to three per cent by the end of 2023 before getting back to its two per cent target in 2024.
Canada’s annual inflation rate dropped slightly in September to 6.9 per cent but the cost of groceries continues to climb.
New Glasgow Regional Police are asking you to help finalize the Department’s core values by taking a short survey.
Using data from their recent core values survey, New Glasgow Regional Police have established a list of potential core values and they’re inviting all residents of Pictou County to provide feedback and select the six they will move forward with.
The survey takes less than one minute to complete and is open until November 7th.
You can take the survey here: https://www.surveymonkey.com/r/3DKLFD5
Hard copies are available at New Glasgow Town Hall.
As of Wednesday, Nova Scotians aged 12 and older can now book an appointment for Pfizer’s vaccine that targets the Omicron variant of COVID-19.
Prior to yesterday, a bivalent vaccine made by Moderna was only available for Nova Scotians 18 years and older.
Chief medical officer of health Dr. Robert Strang recommends that eligible people get a bivalent vaccine this fall.
He says the province has added tens of thousands of new vaccine appointments across the province.
Nova Scotia’s appeal court says a lower court decision went too far in banning anti-mask protests during COVID-19 restrictions last year.
The court found the previous Liberal government hadn’t made basic efforts to inform protesters about the hearing, which proceeded without them.
Supreme Court Judge Scott Norton effectively banned public gatherings planned for the following day based on evidence from the province’s chief medical officer that they would spread the virus.
The Canadian Civil Liberties Association later appealed the order arguing it was too broad and posed challenges to charter rights to peaceful assembly and freedom of expression if it wasn’t overturned.
Nova Scotia is training more healthcare workers to provide a diverse range of care in communities across the province.
Starting in the 2023-24 academic year, aspiring practical nursing students can learn as part of a Mi’kmaw cohort at the Nova Scotia Community College Pictou campus.
The cohort will be open to 30 Mi’kmaw learners from across Nova Scotia and falls under the 120 new practical nursing seats the government announced for NSCC in July.
This brings the number of practical nursing seats to 390 per year, on average.
Curriculum for the new Mi’kmaw nursing program is in the early stages of development and will be a custom-learning experience developed with a Mi’kmaq and Indigenous lens.
The latest release of data from Statistics Canada’s 2021 census shows the proportion of recent immigrants settling in Atlantic Canada has almost tripled in 15 years.
The share of immigrants to Canada who are moving to the Atlantic region rose to 3.5 per cent last year, from 1.2per cent in 2006.
The figures show Nova Scotia is the most popular province, followed by New Brunswick, PEI and Newfoundland and Labrador.
The largest proportion of people are coming from India followed by the Philippines and China.
A rare sighting of a deer on PEI on Tuesday – but one that came to a tragic end for the animal.
Provincial wildlife officials believe the deer had managed to swim across the Northumberland Strait to PEI – which is a first – but a short time later the animal was struck and killed by a transport truck after the deer had run onto the road near the toll plaza at the Confederation Bridge.
Deer are plentiful in Nova Scotia and New Brunswick, but non-existent on PEI.
