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.
Police in Victoria say two people have been arrested after reports of an armed break and enter at a residential building in the city. Two people were arrested and taken into custody three hours later, just before 11 A-M.
“When they should have been welcomed, they were instead met by hostility and prejudice. Canadian immigration officials refused to let them leave the boat. The passengers were confined to the ship for two months, during which supplies of food and even water were restricted, making conditions intolerable".
The Peace River Regional District has cancelled orders issued last week affecting properties threatened by the Stoddart Creek fire northeast of Fort St. John. The River Forecast Centre has posted flood watches for much of east-central B.C., from the Peace River area to the Kootenay, Boundary and Okanagan areas.
The board says Sunset Beach, Spanish Banks West and Second Beach were all without lifeguards on Sunday and Monday. It says the shortage also resulted in limited drop-in spots at city-owned pools at New Brighton and Second Beach.
The RCMP has planned events Tuesday and throughout the year that the national police force says are meant to demonstrate pride, but also humility and efforts at reconciliation.
A 37-year-old man was shot in the city's Burke Mountain neighbourhood while sitting at an outside table in a "heavily populated shopping plaza" on David Avenue and Coast Meridian Road.