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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.   

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Man arrested after weapons call

Man arrested after weapons call
Victoria Police have arrested a man they allege threatened to shoot another person. Police say officers responded to a report of a man threatening to shoot someone in the 11-hundred block on Pandora Avenue on June 9th.

Man arrested after weapons call

Winds in store for Metro Vancouver

Winds in store for Metro Vancouver
Winds are expected to develop in the late afternoon and continue through the night before easing early tomorrow morning. The areas that could potentially be impacted by the high winds include Vancouver, West Vancouver, North Vancouver, Richmond, Delta, Burnaby and New Westminster. 

Winds in store for Metro Vancouver

Suspect arsonist on the loose

Suspect arsonist on the loose
Police in Surrey are looking for a suspected arsonist who set a fire at the front entrance of a building earlier this month. R-C-M-P say officers responded to a report of a fire in front of a building in the 139-hundred block of 100 Avenue on June 5th.

Suspect arsonist on the loose

Shots fired in South Surrey

Shots fired in South Surrey
On Tuesday at approximately 3:08 a.m., Surrey RCMP received a report of shots heard in the 13000-block of Crescent Road. Crescent Road is closed in both directions between 130 Street and 132 Street while the scene is being processed.

Shots fired in South Surrey

School teacher charged with sexual assault

School teacher charged with sexual assault
It is alleged that during his tenure as a teacher at St. Thomas Aquinas Regional Secondary School, Vesco sexually assaulted a student while he was teaching at the school from 2017 to 2019.

School teacher charged with sexual assault

Chilliwack gets Indigenous Justice Centre to help break incarceration cycle, says Eby

Chilliwack gets Indigenous Justice Centre to help break incarceration cycle, says Eby
A statement from Eby's office says Indigenous people comprise about five per cent of B.C.'s population, but account for about 30 per cent of people in provincial jails, and justice centres are a key part of addressing that "over-incarceration."

Chilliwack gets Indigenous Justice Centre to help break incarceration cycle, says Eby