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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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B.C. police watchdog deployed to Vancouver Island after incident in Duncan

B.C. police watchdog deployed to Vancouver Island after incident in Duncan
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B.C. police watchdog deployed to Vancouver Island after incident in Duncan

BC speeding up expansion of post-secondary programs in ECE

BC speeding up expansion of post-secondary programs in ECE
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BC speeding up expansion of post-secondary programs in ECE

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BC Hydro predicting record-breaking power usage as heat descends on the province

Ng announces India trade mission, pledges a limited deal within months

Ng announces India trade mission, pledges a limited deal within months
Indian Commerce Minister Piyush Goyal visited Ottawa and Toronto this week, where he told media that New Delhi wants to vastly increase its trade with Canada. The two countries are negotiating a possible agreement that is limited to certain sectors, instead of a comprehensive deal that covers most of the economy.

Ng announces India trade mission, pledges a limited deal within months

Hot temps for Vancouver this weekend

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An Environment Canada meteorologist says B-C's upcoming temperature spike shares some of the same characteristics as a so-called heat dome. Alberta and B-C, however, are still facing forecasts of daytime high temperatures soaring 15 degrees above normal starting today.

Hot temps for Vancouver this weekend

Victoria Police recover contraband cigarettes worth 450K

Victoria Police recover contraband cigarettes worth 450K
Victoria Police have recovered contraband cigarettes worth 450-thousand dollars after a months-long investigation into illegal cigarette sales. Police say they began investigating in February cases of contraband cigarettes being sold in Greater Victoria at a fraction of their retail price.  

Victoria Police recover contraband cigarettes worth 450K