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.
Fisheries and Oceans Minister Joyce Murray and Environment Minister Steven Guilbeault are both to attend the IMPAC5 conference, joining thousands of delegates from 123 countries. Conference sessions begin Saturday and will last through the week.
In scores of cities and towns, government and private agencies were scrambling to provide shelter for vulnerable people as the wind was expected to make the temperature feel like -40 C to -50 C in many areas.
Officers patrolling the neighbourhood arrested the vandal – a man in his 60s – Wednesday afternoon, after he allegedly wrote graffiti on a building near Abbott and West Pender Street, then tagged a sign near Main and Keefer Street.
Clark will be Canada's consul general in New York, putting him in charge of Ottawa's efforts to sow cultural and economic ties in the Big Apple, as well as in neighboring American states and in Bermuda.
The government says it's concerned about reports of a dramatic increase in COVID-19 cases in China, and the lack of data available from China about potential variants that could be spreading through the country.
The board says sales for the month totalled 1,022, a 55 per cent drop from the prior January. The number of homes that changed hands last month was also 42.9 per cent below the 10-year January sales average.