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Business Outlook Survey―Third Quarter of 2021

From bankofcanada.ca

Firms anticipate stronger demand as pandemic conditions improve, according to results from the Business Outlook Survey in the third quarter of 2021. However, many businesses face supply constraints that will limit their sales and put upward pressure on their costs. Together, these demand pressures and supply challenges are driving widespread plans to invest, hire staff and increase prices. The outlook for domestic and foreign sales remains strong. This is especially true for firms providing hard-to-distance services. These businesses expect to benefit from an easing of some COVID‑19 restrictions and the release of ... (full story)

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  • Category: Medium Impact Breaking News