Bank of Canada survey says Canadian businesses are optimistic - News Summed Up

Bank of Canada survey says Canadian businesses are optimistic


A new Bank of Canada poll suggested Monday that companies are optimistic about the year ahead — especially when it comes to sales growth, foreign demand and their investment plans. Overall business sentiment in Canada was running at near-record levels, said the central bank's poll of senior managers from about 100 firms. "Building on an improvement in sales over the past 12 months, firms expect sales growth to increase further," the bank's report said Monday. A poll highlighted positive projections for sales growth, foreign demand and investment plans. "Many firms reported increasing investment spending in response to anticipated strength in demand and capacity pressures," the bank said.


Source: CBC News October 15, 2018 19:30 UTC



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