Business sentiment sinks to lowest in decade, says Bank of Canada survey

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Business sentiment sinks to lowest in decade, says Bank of Canada survey
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Bank of Canada's business outlook survey indicator fell as companies expect sales growth to slow over the coming year. Read more

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The indicator summarizing business sentiment was at its lowest level in more than a decade, a report on the bank’s business outlook survey released Monday said, except for a brief period early in the COVID-19 pandemic when the economy was shut down.

It said the rising cost of living remains the most pressing concern for consumers and that many expect the impact of higher interest rates on households is far from over.“Those expecting more adverse effects ahead are less likely to plan major purchases,” the consumer report said.

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Business sentiment sinks to lowest in decade, says Bank of Canada surveyBusiness sentiment sinks to lowest in decade, says Bank of Canada surveyBank of Canada's business outlook survey indicator fell as companies expect sales growth to slow over the coming year. Read more
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Business gloom deepens as sales moderate, Bank of Canada survey findsBusiness gloom deepens as sales moderate, Bank of Canada survey findsOTTAWA — The Bank of Canada says its business outlook survey indicator fell in the third quarter as companies expect sales growth to slow over the coming...
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Business gloom deepens as sales moderate, Bank of Canada survey findsBusiness gloom deepens as sales moderate, Bank of Canada survey findsOTTAWA — The Bank of Canada says its business outlook survey indicator fell in the third quarter as companies expect sales growth to slow over the coming year.
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Business gloom deepens as sales moderate, Bank of Canada survey findsBusiness gloom deepens as sales moderate, Bank of Canada survey findsOTTAWA — The Bank of Canada says its business outlook survey indicator fell in the third quarter as companies expect sales growth to slow over the coming year.
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Business gloom deepens as sales moderate, Bank of Canada survey findsBusiness gloom deepens as sales moderate, Bank of Canada survey findsOTTAWA — The Bank of Canada’s business outlook survey indicator fell in the third quarter as companies expect sales growth to slow over the coming year.
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