Close X
Thursday, November 14, 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

Potential snowfall on Coquihalla highway

Potential snowfall on Coquihalla highway
Environment Canada has issued a warning about potential snowfall on the Coquihalla and other Interior highways. It says wet snow or a mixture of rain and snow may create slippery conditions on highway passes in the region.

Potential snowfall on Coquihalla highway

Sikh activist and President of Guru Nanak Sikh Gurdwara, Bhai Hardeep Singh Nijjar, shot dead

Sikh activist and President of Guru Nanak Sikh Gurdwara, Bhai Hardeep Singh Nijjar, shot dead
Canada-based Sikh leader Hardeep Singh Nijjar was shot dead by two unidentified gunmen at the parking lot of Guru Nanak Sikh Gurdwara in Surrey.  He was the president of Guru Nanak Sikh Gurdwara.

Sikh activist and President of Guru Nanak Sikh Gurdwara, Bhai Hardeep Singh Nijjar, shot dead

Canada passes 40 million population milestone amid immigration push

Canada passes 40 million population milestone amid immigration push
The 40-million mark came faster than expected, Statistics Canada said, as the country added 1.1 million people in 2022, most of them permanent and temporary immigrants. That's more than twice the federal government's plan to welcome more than 430,000 new permanent residents last year.

Canada passes 40 million population milestone amid immigration push

Home and camper on the wish list for Victoria, B.C., couple after $35M lotto win

Home and camper on the wish list for Victoria, B.C., couple after $35M lotto win
Lahsen Rezrazi says he stopped at a grocery store for milk and cream on his way to pick up Ramsay from work where he checked his lottery tickets. He says he initially won a modest $10 dollar prize and a free play before scanning the jackpot-winning ticket, and then called his wife with the news. 

Home and camper on the wish list for Victoria, B.C., couple after $35M lotto win

Renewable diesel refinery is first in Canada, completed in B.C.

Renewable diesel refinery is first in Canada, completed in B.C.
Officials, including Premier David Eby, were in Prince George to celebrate the milestone for the $380-million facility run by Tidewater Renewables. A government statement says the process involves blending feedstocks, such as canola and tallow, with transportation fuels to lower their carbon intensity.

Renewable diesel refinery is first in Canada, completed in B.C.

RCMP say no critical injuries in crash of B.C. bus carrying pipeline camp workers

RCMP say no critical injuries in crash of B.C. bus carrying pipeline camp workers
Prince George RCMP say no critical injuries have been reported among the 30 people on the bus that went off a forest service road and crashed 120 kilometres north of Prince George, B.C.

RCMP say no critical injuries in crash of B.C. bus carrying pipeline camp workers