Bank of Canada Finds Firms Remain Cautious on Investment - News Summed Up

Bank of Canada Finds Firms Remain Cautious on Investment


The central bank’s quarterly business-outlook survey indicated that firms’ investment plans remain cautious, with many businesses in the energy sector anticipating further cuts. OTTAWA—Business sentiment in Canada remains subdued as weak commodity prices continue to weigh on firms’ investment intentions, the Bank of Canada said Monday. By contrast, firms in service sectors are generally more optimistic about future investment plans,...


Source: Wall Street Journal July 04, 2016 17:15 UTC



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