Reported 1 day ago
A recent survey by the Bank of Canada indicates that Canadian firms are experiencing improved sales and demand, bolstered by recent interest rate cuts, yet they remain apprehensive about potential negative impacts from U.S. trade policies. The outlook for business sentiment has improved slightly, with fewer companies anticipating a recession, although uncertainty related to U.S. tariffs is causing hesitation in making investments. Despite this, firms expect to raise selling prices and maintain stable employment levels.
Source: YAHOO