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.
VPD officers responded to Granville and Georgia Street around 1:30 a.m. following reports that a man with a hammer was walking down the street and smashing glass at bus stops. Sergey Kurmanaev was taken to jail and has been charged with one count of mischief over $5,000.
The U.S. remains unhappy with how Canada has allocated the quotas that give American dairy producers access to markets north of the border. Canada and Mexico both took issue with how the U.S. defined foreign auto content. And Canada and the U.S. oppose Mexico favouring state-owned energy providers.
Coyotes are found across Vancouver and prefer sheltered, wooded areas to raise their families, so the board says it will occasionally close trails in high-traffic locations like Stanley Park where they are known to frequent.
The institute says the federal government shouldn't try to match the incentives and subsidies offered by the U.S. and instead tailor its measures for Canada. Finance Minister Chrystia Freeland has signalled the March 28 budget will include ways to keep Canada competitive as countries transition their economies to cleaner energy and technologies.
The federal minimum wage is rising to $16.65 per hour on April 1, up from $15.55. Ottawa set a federal minimum wage of $15 per hour in 2021 and increases it each year based on inflation. The changes are made every year on April 1.
She also announced that Ottawa is launching a new digital tool that will allow Canadians to check the status of their Service Canada application online, as long as they provide an email address.