Bank of Canada surveys find weakening business outlook ahead of next week’s rate decision
April 6, 2023
April 6, 2023
Advocacy
Business sentiment in Canada continues to worsen with companies expecting sales growth to slow over the coming year and inflation to remain elevated until at least 2025, according to the Bank of Canada’s quarterly business survey.
At the same time, companies are reporting improvements in labour shortages and other supply constraints, while many expect wages to keep rising quickly.
