• Bank of Canada survey: on balance, firms in all sectors and regions plan to add jobs over next 12 months

Market news

3 April 2017

Bank of Canada survey: on balance, firms in all sectors and regions plan to add jobs over next 12 months

  • Many firms expect increase in expenditures over next 12 months to be modest

  • Balance of opinion on investment intentions increased in q1 survey; suggests plans to invest have become more widespread

  • Expect somewhat faster export growth; growing number of firms expect U.S growth to be strong

  • Firms expect some increase in sales growth; balance of opinion of indicators of future sales at highest level in five years

  • Inflation expectations marginally higher than q4 survey; majority of firms still expect inflation to be in lower half of BoC's control range

  • Capacity pressures remain modest overall, suggesting slack persists

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