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.
The Canadian Chamber of Commerce says it is "deeply disturbed" the British Columbia port workers' union has served strike notice and is prepared to walk out on Saturday. The chamber has issued a statement urging the federal government to "use all the tools in its tool box" to prevent a strike.
Aydin Coban was convicted last year of extortion, harassment and other crimes in a case involving Canadian teenager Amanda Todd who was blackmailed to expose herself in front of a webcam. The 15-year-old died by suicide after detailing her ordeal in a YouTube video watched by millions around the world.
The Fraser Health authority says the emergency department at a Hope, B.C., hospital that was temporarily closed after a fatal police shooting has reopened. Police say the man received immediate medical attention but was pronounced dead at the scene.
Earlier in the day, debris from the ill-fated submersible was returned to shore in Newfoundland aboard a Canadian-flagged ship that had helped search for the vessel in a remote area of ocean near the wreck of the Titanic.
Police say the theft occurred around 3 a.m. Monday morning. Since then, five of the eight-week-old puppies have been recovered, but police say the rest are still missing.
The British Columbia government says its 500-million-dollar rental-protection fund will help renters stay in their homes and keep their rents affordable. The province has opened access to the fund that will help non-profit groups purchase rental buildings.