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.
Port Moody police say firefighters were called to the Trasolini Field just before midnight on May 26th after a group of young people was seen using an accelerant to light the field on fire before fleeing the scene.
Vancouver firefighters say a man suffered life-threatening injuries in a fire that broke out early Monday morning on West Sixth Avenue. The fire service says a 34-year-old man was taken to V-G-H with serious and life-threatening injuries.
The City of Vancouver says it's made significant changes to speed up new housing construction by moving to clear a backlog of applications. Mayor Ken Sim says the changes voted on yesterday by council will streamline the application process and speed up new housing construction city-wide.
Surrey R-C-M-P say they want the public's help locating 25-year-old Terry MacDonald and 26-year-old Joseph Gregory, who are both wanted for allegedly breaching their bail conditions. Investigators say McDonald is five-foot-six, weighing 150 pounds, while Gregory is six-foot-two and 220 pounds, and both men are considered armed and dangerous.
Canada Place will get the second name to acknowledge historical discrimination against South Asian communities. The Komagata Maru docked near the current location of Canada Place in 1914 with 340 Sikh, 27 Muslim and 12 Hindu passengers on board, most of whom were denied entry into Canada despite having valid travel documents.
Police in West Vancouver say a bus got away from a driver trying to fix a door problem in Horseshoe Bay today. Police say as the bus began to roll the driver fell out. The bus ended up on the front lawn of a house.