Long-term rate hikes effects will be ‘more powerful’ than people think: PolozOTTAWA — The full effects of interest rate hikes have yet to be felt — and will be "even more powerful" than many anticipate, said former Bank of Canada governor Stephen Poloz Thursday in a speech about ways Canada can chart a path toward economic growth during uncertain times. Statistics Canada's most recent annual inflation rate sat at 6.9 per cent in October. Economists estimate interest rate hikes take one to two years to take full effect in the economy. That lag makes it difficult to judge whether rate hikes are too much or too little, the former governor said. Poloz said trying to slow inflation with interest rate hikes is like trying to stop a car with bad brakes.

Smith made international headlines when two videos of him displaying aggressive behaviour went viral and were featured on TMZ in 2020. Winnipeg Police, however, referred all questions regarding the Cool 2B Kind campaign back to the Winnipeg Police Association. The Premier and her office were not involved in determining who would attend the event.”The Winnipeg School Division likewise declined comment and directed PressProgress to the police union. “He bullied me and he bullied the woman in that TMZ video. The Winnipeg School Division recently ended their School Resource Officer program citing budget cuts following advocacy from community groups like Police Free Schools Winnipeg and the Police Accountability Coalition.

Meteorologists say most of the province will see a cold spell next week. Temperatures across most of British Columbia are expected to shift into cooler and colder-than-normal territory through most of next week, according to meteorologists. Environment and Climate Change Canada (ECCC) said a "switch in the weather pattern" beginning late this weekend will begin bringing "much colder temperatures" to the province. "It's really going to vary ... but it's generally going to be cooler than normal for most places across the province." The winter spell comes after an unusually hot and dry October, which was the warmest on record for a dozen communities across the province.

A second member of the Canadian Forces has reportedly been offered so-called medical assistance in dying (MAID) by a Veterans Affairs caseworker after asking for help for post-traumatic stress disorder (PTSD), the National Post reported.The Canadian Forces member told his story on Wednesday's episode of Operation Tango Romeo , a "Trauma Recovery Podcast for #Military, #Veterans, #First Responders, and their families," during which he referred to himself by the pseudonym "Bruce" as he is still in active service and fears retaliation. ""I wasn’t expecting them to let me know 'Hey, we had recently won litigation to assist members with MAID, and you know that’s always an option,'" an audibly upset Bruce told Meincke. "This story forced Trudeau to make a statement calling the recommendation "unacceptable," declaring at the time that "there is a full investigation going on as to how that happened, and we are going to ensure it never happens again. "The House veterans affairs committee is due to discuss in what capacity MAID should be offered to veterans on Thursday afternoon.Bruce lamented the fact that he didn't come forward sooner about the incident, which took place in 2021. "I wish I had said something earlier, because maybe that would’ve put a stop to it right then and there."

Music will bellow and festive lights will illuminate the downtown core on Friday nightCambridge Winterfest officially gets underway on Friday night with Phil Kline’s Unsilent Night walking tour. Festival organizer Leanne Bond is excited to showcase all the work that has gone into planning the walk, which is in it’s 14th year. “Phil Kline’s Unsilent Night started in 2008,” Bond said. It’s a chance for the community to come together to kick off the holiday season, Bond says. “I think of it as a gift,” Kline told CambridgeToday via email.

© Radio-Canada RCMP say a scam is targeting tire business across Canada with losses reported in Cape Breton, Prince Edward Island, Manitoba and Alberta. A Chéticamp, N.S., garage is among a number of Canadian tire sellers that have been scammed out of thousands of dollars. Sherry Bourgeois works at Larade's Tire Shop in Inverness County that was recently targeted by the scheme. The garage lost more than $5,000 after shipping tires to an address in Montreal only to find the thieves cancelled payment through a credit card company. Bourgeois said the scam began when a stranger phoned in August looking for eight tractor-trailer tires that cost $600 each.

Canada’s Women’s Sevens roster has been named by Head Coach Jack Hanratty for the team’s first stop of the HSBC World Rugby Sevens Series 2023 in Dubai. Head Coach Jack Hanratty names Canada’s Women’s Sevens roster for the team’s opening HSBC World Rugby Sevens Series stop in DubaiNovember 24, 2022 (Langford, BC) – Canada’s Women’s Sevens roster has been named by Head Coach Jack Hanratty for the team’s first stop of the HSBC World Rugby Sevens Series 2023 in Dubai. This will be his first HSBC World Rugby Sevens Series stop since being confirmed as the full-time Head Coach of Canada’s Senior Women’s Sevens team in August. Nakisa Levale (Abbotsford, BC) – Abbotsford RFC21. Shalaya Valenzuela (Abbotsford, BC) – Abbotsford RFC

The Toronto Argos celebrated their Grey Cup victory like one big family that grew into a happy one. The team brought the Cup to Maple Leaf Square Thursday, four days after it defeated Winnipeg in one of the most heart-stopping championship games in Grey Cup history. “Tomorrow, we go back to whatever we go back to, but today, because of the Argos, we get to celebrate,” Laforme said. With that, Tanenbaum, Argos players and GM Mike Pinball Clemons poured out their feelings as they took to the podium. Smith, 25, from Brampton, said he grew up watching the Argos on TV, and dreaming about playing in the Grey Cup.

The strongest weightlifters in the world will gather in Bogota, Colombia for the 2022 International Weightlifting Federation (IWF) World Championships. The stakes will be as high as ever at the event scheduled for December 5-16, as it’s the first qualifying tournament for lifters on the road to Paris 2024 Olympics. Several Olympic and world champions are among the leading names confirmed for the weightlifting headline event of the year. The People's Republic of China athletes, who won 22 medals at the Tokyo 2020 Olympics, are expected to make a winning return to top-flight competition after a 14-month absence. Here is everything you need to know about the upcoming World Championships, the competition schedule, how to watch and the stars to keep an eye on in Bogota.

Listen: Loren McGinnis reflects on leaving CBC NorthAfter announcing he will leave CBC North next month, broadcaster Loren McGinnis spoke with Cabin Radio’s Ollie Williams about the decision to relocate south. Ollie Williams: I’m sure it feels strange to have the news come out. I think that’s all going to be quite wonderful, exciting and challenging. And it just… I almost don’t know what to make of it, but it just grew legs. He would always say to me: “Remember that you work for the audience.” And I think that’s true.

“There is a major shortage,” said Judy Clark, manager of the East End Garden Centre in Toronto, which has already begun selling Christmas trees. “Christmas tree prices have gone up at least 15 to 20 per cent in the last three years and part of this is because of added costs caused by inflation and transportation fees. “That 20,000 acres that we’ve lost in those 10 years is equivalent to 30 million trees,” she said. Seedlings are seedlings today but then you need eight to 10 years to get them into a Christmas tree,” Kapy said. Robert Bartoletta, who runs the family owned Santa’s Choice Christmas Tree Farm in Orangeville, said shoppers looking to keep costs down should look for less popular species of Christmas trees.

An economic threat is a national threat, Freeland tells inquiry into Emergencies ActOTTAWA — Finance Minister Chrystia Freeland drew a direct link between Canada’s economic and national security on Thursday as she defended the Liberal government’s decision to declare a public order emergency to end the "Freedom Convoy" protests. "I really do believe our security as a country is built on our economic security," Freeland said at one point. "And if our economic security is threatened, all of our security is threatened. The act identifies a public order emergency as a threat to Canada’s security, as defined in the Canadian Security Intelligence Service Act. Freeland also told the inquiry that by Feb. 13, she had started hearing concerns from some of Canada’s banking CEOs.

KUALA LUMPUR: Datuk Seri Anwar Ibrahim's long wait to be prime minister is finally over. In a statement, Istana Negara said Anwar would be sworn in as the country's 10th Prime Minister at 5pm on Thursday (Nov 24). Ahmad Fadil said the King reminds all Dewan Rakyat members to work together for the future of our beloved nation. Al-Sultan Abdullah also reminded the Prime Minister and the new government to remain humble. A special meeting was held at 11am on Thursday among the Malay rulers.

Canada’s Jack Crawford skis down the hill during a practice run on Tuesday ahead of the Lake Louise World Cup. (Frank Gunn/The Canadian Press - image credit)The question seems to catch Jack Crawford off guard for a split-second. Both disciplines will be tested at the 2022-23 season opening World Cup in Lake Louise, Alta., which begins Friday and runs through Sunday. While the Lake Louise World Cup marks the start of the alpine ski season for some, it also may have the feeling of an ending. "[Lake Louise is] very picturesque and everybody always likes coming there.

Stars forward Jason Robertson tied the Dallas Stars record by extending his point streak to 13 games during a 6-4 win over the Blackhawks on Wednesday night. Robertson also tied Mike Modano for most goals by a Dallas Star in the first 20 games of a season. Eventful night: Stars forward Ty Dellandrea had an eventful night on Wednesday, scoring the game-tying goal in the third period, and absorbing a big hit from Blackhawks defenseman Jarred Tinordi in the first period. After two of them (Wednesday night and Nov. 3 in Arizona), he’s credited Pavelski with working with him. (Smiley N. Pool / Staff Photographer)In the first period, Dellandrea was flattened by Tinordi at the red line after trying to dump the puck into the Chicago zone.