Posts Tagged ‘cars’

It may take till Monday earlier than a parking zone in downtown Antigonish, N.S., is cleaned up following a flash flood and freeze that trapped 23 vehicles in strong ice Friday evening.

To free the autos, staff with the city of Antigonish’s public works division are utilizing a loader, backhoe, sidewalk-plowing machine and guide labour to chip them out. As soon as the autos are free, they’re being towed away.

“We could not take away them final evening, we needed to wait till this morning to attempt to get them out,” mentioned Antigonish CAO Jeff Lawrence.

Antigonish Flood

Stephen Jewkes, the co-owner of Antigonish’s 5¢ to $ 1 retailer, mentioned water ranges rose in a short time. (Stephen Jewkes)

All of Nova Scotia was underneath a flash freeze warning on Friday. Previous to the flood and freeze, Stephen Jewkes, who co-owns the Antigonish 5¢ to $ 1 retailer situated in entrance of the parking zone, mentioned it had been raining closely.

“It occurred so shortly that folks weren’t in a position to get to their autos. There have been in all probability 20-plus autos that had been stranded,” mentioned  Jewkes.

He mentioned at about 6 p.m., the river that runs about 200 metres behind his retailer flooded the parking zone inside 10 minutes. Water rose greater than a metre on the lot and autos had been trapped.

antigonish flood aftermath

Vehicles that had been trapped in ice in a single day are being faraway from the parking zone behind the 5¢ to $ 1 retailer. (Stephen Jewkes)

“That is the best I’ve seen it since I used to be a child. Within the final 30 years, I do not bear in mind having seen the water are available in as excessive. What was kind of uncommon on this circumstance was how briskly it got here in,” Jewkes mentioned.

“It seems to be like there was fairly important injury to lots of these vehicles that had been caught,” Jewkes mentioned.

The city of Antigonish had employees Friday evening on Creighton Lane — behind Jewke’s retailer the place the parking zone is situated — to deal with the flooding and closed the lane between Faculty and Church streets.

Lawrence mentioned the road will not reopen till the cleanup is full. He mentioned he is attempting to trace down all of the homeowners of the autos. He is been asking individuals on web site to share his cell quantity.

“It has been hit or miss to this point,” mentioned Lawrence. “I can both meet with them over the course of the weekend or we may meet them Monday. We nonetheless must get ahold of our insurance coverage brokers and at this level I am not likely certain how that is going to work.”

Lawrence mentioned among the autos might have intensive injury.

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consumer prices in Canada increased base of 2.5 percent in June, up 2.2 percent the previous month, mainly due to rising costs of home and vehicle, Statistics Canada announced Wednesday.

The rate remained unchanged on a month by month, reported CanWest News Service. From May to June, prices overall fell slightly by 0.2 percent. raise last month, the rate of core inflation, which excludes volatile items like energy, is now at a high level of four years, corresponding to the level reached in April, the report added.

The Bank of Canada uses the base rate to control prices. And based on the increase in June, it could also lead to higher interest rates. Last week, the central bank raised its key rate a quarter point to 4.5 percent. It was the first increase since May of last year. However, the bank said it may be necessary to tighten borrowing costs again this year to keep a lid on inflation.

Despite the fact that the base rate the previous month was slightly below analysts’ expectations, it remains above the inflation target the central bank’s two per cent. “In the grand scheme of things, what this means is that the Bank of Canada will still have much trigger finger tightening,” said Marc Levesque, chief strategist at TD Securities.

“This is well above the Bank of Canada target. We said it would resume and that the rebound has occurred. It simply continues to spell possible further rate hikes from the Bank of Canada, “he added.

But analysts do not share the same views on the matter. Douglas Porter, deputy chief economist at BMO Capital Markets, has this to say: “The year-year comparisons get a bit friendly to the core CPI in the next three months, so this may mark the point peak of water for the time being on that front. So even though core inflation has now matched his four-year high, the Bank of Canada is likely to breathe a little easier TODAY ‘hui. “

Statistics Canada said that the greatest pressure on prices continues to be housing costs and gasoline. “For a third consecutive month, the costs associated with owned accommodation were mostly higher average price levels over 12 months,” the agency said.

“In this category, the component that contributed the most to the cost increase was for mortgage interest, which rose 5.7 percent, the same growth rate in May and April,” added agency. “It was the strongest growth rate since January 2001. For months, growth in new housing prices was fueled by the sustained increase in mortgage interest cost.”

replacement costs by the owner also contributed to higher consumer prices, Statistics Canada said. Costs have increased by 6.1 per cent year on year in June, an increase of six percent in May. “Another factor, although to a lesser extent, was up 2.8 percent of the costs associated with operating a vehicle,” the agency said. This has greatly affected the sales of auto parts such as Canada alternator.

Furthermore, car manufacturers in Canada announced its intention to install immobilizers vehicle anti-theft in 2008 of new vehicles. The plan must be applied to September 1, reported ExecDigital United States.

Transport Canada, it will be mandatory for all new cars, vans, trucks and SUVs to be equipped with electronic anti-theft immobilization devices, the report said. The vehicles include Audi, DaimlerChrysler, Ford, General Motors, Hyundai, Jaguar, Land Rover, Mercedes-Benz, Nissan, Saab, Subaru, Volkswagen and Volvo.

According to the Insurance Bureau of Canada, 2006 list of most stolen vehicles, none of the top ten have an approved immobilizer. Canadian auto insurers set rates based on requests.