Darpan News Desk The Canadian Press, 30 Jun, 2023 09:53 AM
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.
Ocean Networks Canada will study currents, marine safety and incident response, ocean sound information to mitigate the harm of human noise on marine life and ocean monitoring for coastal communities.
Officers responded to West Pender and Carrall Street shortly after midnight and discovered a man who was deceased. The victim has not yet been identified and no arrests have been made.
Thousands of buildings were reported collapsed in a wide area extending from Syria’s cities of Aleppo and Hama to Turkey’s Diyarbakir, more than 330 kilometres to the northeast. Some 18,000 people were killed in similarly powerful earthquakes that hit northwest Turkey in 1999.
Raj Grewal's lawyer argues that prosecutors have not presented enough evidence to find him guilty of the two breach of trust charges, and the Crown has failed to establish essential elements required for such a finding.
Premier David Eby says economists are predicating a "global slowdown and potentially recession" and his government is focused on keeping the economy strong by building trade relationships and supporting businesses.
Association chief economist Brendon Ogmundson blames expected sluggish sales this year on a slowing economy and ongoing, elevated mortgage rates. The forecast predicts residential sales in B-C will skid 7.1 per cent this year before surging nearly 24 per cent in 2024.