Kalin's Call: Warmer temperatures, risk of thunderstorms expected for long weekend

A photo taken by Elisha Lake in Big Island, N.S. shows a thunderstorm in May 2021. (SOURCE: Elisha Lake) A photo taken by Elisha Lake in Big Island, N.S. shows a thunderstorm in May 2021. (SOURCE: Elisha Lake)

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Bank of Canada surveys suggest business and consumer inflation expectations up

A pair of new reports from the Bank of Canada point to rising inflation expectations by Canadian businesses and consumers. In its business outlook survey released Monday, the central bank said businesses' expectations for near-term inflation have increased, and firms expect inflation to be high for longer than they did in the previous survey.