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BOC outlook survey

Darpan News Desk The Canadian Press, 30 Jun, 2023 09:53 AM
  • BOC outlook survey

The Bank of Canada's latest business outlook survey suggests businesses still anticipate larger-than-normal wage and price increases over the next year.

The central bank reports expectations are shifting closer to what they were before the pandemic.

Overall, the survey points to a negative sentiment as businesses continue to expect their sales growth over the next year to be weak, but fewer are expecting an outright recession.   

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