Bank of Canada Survey Says Canadian Businesses are Optimistic

Posted by CBC News

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A new Bank of Canada poll suggested Monday that companies are optimistic about the year ahead — especially when it comes to sales growth, foreign demand and their investment plans.

The quarterly survey was conducted between mid-August and mid-September — before Canada agreed to an updated North American free trade deal that has alleviated some of the economic uncertainty.

The upbeat results were released a little over a week before the Bank of Canada’s next policy decision, which is widely expected to produce another interest rate…Click for full article