Bank of Canada: Business Outlook Survey—Second Quarter of 2024

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Business Outlook Survey—Second Quarter of 2024

Monday 15 July 2024 10:30 AM UTC+00
Results from the Business Outlook Survey and the Business Leaders' Pulse continue to signal weak demand, which is weighing on investment and hiring plans. While few firms are planning layoffs, labour markets are widely seen as continuing to soften. Although they remain above average, wage and inflation expectations are easing. Most firms that made abnormally large price increases in the past 12 months do not plan to do so again in the coming year.

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