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.
Grocers have come under intense scrutiny in recent months for posting strong profits as many Canadians struggle with higher food costs. Critics have accused grocers of so-called greedflation, suggesting they are profiteering at a time of spiralling inflation.
Toronto police say officers responded to an area in the city's east end Monday afternoon where a group of 10 to 15 youths, all male, allegedly assaulted two TTC employees. Police described the injuries as minor, noting the initial report noted no obvious signs of injury.
Prime Minister Justin Trudeau has said affordability and making Canada competitive were his priorities heading into this cabinet meeting. Ottawa is insisting on accountability for any new health funding and Trudeau has not publicly committed to meet the premiers' demands.
On January 17th at approximately 5:50 pm the New Westminster Police were called to the 800 block of Carnarvon Street to assist a man in distress who was pouring milk on his face inside a grocery store. Officers learned that the man was the victim of an assault and moments earlier he had been assaulted with bear spray in an attempted robbery.
Nearly a year after Russia's invasion, most members of the NATO military alliance have said they're in favour of giving Leopard 2 tanks to Kyiv, but Germany has not. As a major supplier of the tanks, Germany requires that allies seek permission before re-exporting them to other countries, and Berlin has warned against provoking Russia.
The $71 million in federal funding for Banff, Jasper, Yoho and Kootenay national parks includes upgrades to critical infrastructure, such as Parks Canada dispatch for emergency calls, as well as to several roadways and bridges. It also includes improvements in the community of Lake Louise, Alta.