The results of the Bank of Canada's Spring Business Outlook Survey "suggest that business sentiment continues to be positive, supported by healthy sales prospects."
A few highlights from the report:
- Most regions and sectors are forecasting positive sales numbers in the coming months,
- Intentions to increase investment and plans for hiring continue to be positive, although less so than in recent surveys, and
- Credit conditions remain mostly unchanged, but indications point to slight tightening.
View the full Spring Business Outlook Survey on the Bank of Canada's website.
According to the website: "The Business Outlook Survey summarizes interviews conducted by the Bank’s regional offices with the senior management of about 100 firms selected in accordance with the composition of the gross domestic product of Canada’s business sector. This survey was conducted from February 12 to March 9, 2018."
The information contained in this publication is of a general nature and is not intended to address the circumstances of any particular individual or entity.
Accordingly, the information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers.
While we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future.
Again, no one should act upon any information contained herein without seeking appropriate professional advice after a thorough examination of their particular situation.
Related Content
