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.
A statement from the Education Ministry says that starting in the 2023-2024 school year, only students in grades 10, 11 and 12 will receive letter grades and percentages so post-secondary entry requirements are met.
Police say a body has been found in a vacant lot in East Vancouver. Constable Tania Visintin says the discovery was made last night by a passerby. It's Vancouver's ninth homicide of 2023.
The federal Liberal Party's Sikh caucus -- which includes several members of Parliament from B-C -- has met with Public Safety Minister Marco Mendocino to discuss the killing of Surrey Sikh leader Hardeep Singh Nijjar. Seven caucus members met with the minister last night.
A man is in hospital with critical injuries after being hit by a bus in Surrey on Friday morning. At 2:40am, Surrey RCMP responded to a report of a pedestrian motor vehicle crash in the 14000 block of 96th avenue.
Air India flight 1-82 blew up hours later off Ireland's coast, killing all 329 people aboard -- most of whom were Canadians. Health Minister Adrian Dix will take part in an event today for the National Day of Remembrance for Victims of Terrorism at the Air India Memorial in Vancouver.
B-C's public utility says it has taken a series of actions since an investigation found a buildup of gases caused the explosion in an underground electrical vault in Vancouver last February. The Crown-owned company says it has decommissioned the 13 other vaults that were identified, so they no longer present a risk.