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Bank of Canada Business Outlook Survey
Responses to the winter survey provide further indications that firms have faced a period of softness in economic conditions. While some forward-looking indicators of business activity have moved up from the levels recorded in the autumn survey, many firms cited concerns about demand over the next 12 months, as well as pressures related to increased competition. ƒ Firms’ internal efforts to generate higher sales growth and improve competitiveness contributed to a rise in the indicators of future sales and investment, while employment intentions were little changed. Overall, uncertainty continued to temper ... (full story)
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