Business Outlook Survey - Summer 2019

From bankofcanada.ca

Results from the summer Business Outlook Survey point to a slight improvement in business sentiment after a moderation in the previous survey. Investment and hiring intentions continue to be healthy. Following some softness in past sales, businesses expect an increase in sales growth in the next 12 months, backed by healthy domestic and foreign demand (Box 1). Weakness tied to the Western Canadian oil industry and global trade headwinds continue to hold back future sales. Intentions to increase investment spending and to hire are positive in most regions and sectors. After falling in the last survey, the indicator of ... (full story)