• Bank of Canada's Business Outlook Survey: business sentiment in Canada remains tepid overall

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9 octubre 2015

Bank of Canada's Business Outlook Survey: business sentiment in Canada remains tepid overall

The Bank of Canada released its Business Outlook Survey on Friday. The survey showed that business sentiment in Canada remains tepid overall, but "forward-looking indicators of business activity improved".

Future business expectations were supported by the positive outlook for the U.S. economy and a weaker Canadian dollar.

The outlook for many companies tied both directly and indirectly to the resource sector remained weak, due to lower commodity prices.

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