Close X
Sunday, November 17, 2024
ADVT 
National

BOC outlook survey

Darpan News Desk The Canadian Press, 30 Jun, 2023 09:53 AM
  • BOC outlook survey

The Bank of Canada's latest business outlook survey suggests businesses still anticipate larger-than-normal wage and price increases over the next year.

The central bank reports expectations are shifting closer to what they were before the pandemic.

Overall, the survey points to a negative sentiment as businesses continue to expect their sales growth over the next year to be weak, but fewer are expecting an outright recession.   

MORE National ARTICLES

Trudeau comments on Orange Shirt Day holiday

Trudeau comments on Orange Shirt Day holiday
The federal government made the day a statutory holiday for its workers and federally regulated workplaces in 2021. The decision to do so is in response to one of the Truth and Reconciliation Commission's 94 calls to action.

Trudeau comments on Orange Shirt Day holiday

17 year old man stabbed on a bus in Surrey dies

17 year old man stabbed on a bus in Surrey dies
Police say it happened just before 9:30 Tuesday night. Investigators say the victim and his attacker had some sort of altercation while on the bus, not far from the King George SkyTrain station.

17 year old man stabbed on a bus in Surrey dies

Canadians feel less safe than pre-pandemic: poll

Canadians feel less safe than pre-pandemic: poll
Those in B.C. were most likely to say crime and violence are worse since the pandemic hit, at 72 per cent, while people in Quebec were least likely to say so, at 54 per cent. Quebecers were most likely to say things have not changed.

Canadians feel less safe than pre-pandemic: poll

Federal workers vote in favour of strike mandate

Federal workers vote in favour of strike mandate
The Public Service Alliance of Canada can now launch a strike anytime in the next 60 days — with national president Chris Aylward saying workers were prepared to strike as soon as Wednesday. Aylward said at a press conference Wednesday morning that bargaining for fair wages is top of mind, and members are prepared to strike for as long as it takes.

Federal workers vote in favour of strike mandate

Ozempic loophole may trap other drugs: pharmacists

Ozempic loophole may trap other drugs: pharmacists
Canadian Pharmacists Association vice-president of public affairs Joelle Walker said Americans buying cheaper Canadian drugs is nothing new. One of the main challenges, Walker said, is that there isn't a strong sense of the prevalence of mass U.S. buying of Canadian prescription drugs because the data isn't available.

Ozempic loophole may trap other drugs: pharmacists

Class-action lawsuit filed in fatal Vancouver fire

Class-action lawsuit filed in fatal Vancouver fire
The owner of the 110-year-old building and its non-profit manager had failed to ensure fire safety measures were adequate and up-to-date, the lawsuit says, and the city did not enforce safety regulations to the same standards it did elsewhere.

Class-action lawsuit filed in fatal Vancouver fire