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Canadian business sentiment negative for first time since 2016: BoC survey

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A new Bank of Canada survey says business sentiment has fallen from elevated levels, with companies underlining uncertainty around global trade, the housing sector and the energy industry.

Last Updated Monday, April 15, 2019 12:04PM EDT

The latest report comes after Canada saw an abrupt economic deceleration in the final three months of 2018 as oil prices tumbled. The Bank of Canada said the results "point to a moderation from previously high levels of domestic and foreign demand for firms in most regions."

 

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Wow that article was like putting lipsticck on a pig. Doublespeak was incredible. Downplay the negative, gaslight the positive.

Charliekuss Duh

Sunny Ways my Friends...

Geeze what changed the year right before? Did anything significant happen? Oh that's right...

Save business to save jobs

Jacked up energy costs and all of a sudden business sentiment is negative? Who can possibly figure out why?

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Bank of Canada’s business sentiment gauge turns negative and drops to lowest since 2016Economic slowdown and trade tensions have begun to impact business confidence The photo gives me vertigo. 🥴
La source: nationalpost - 🏆 10. / 80 Lire la suite »