Bank of Canada survey suggests business sentiment picked up after declining

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Business sentiment in Canada has picked up to show a slight improvement after falling earlier this year, according to a new survey by the Bank of Canada.

The Bank of Canada is shown in Ottawa on Wednesday, April 24, 2019. THE CANADIAN PRESS/Sean KilpatrickOTTAWA -- Business sentiment in Canada has picked up to show a slight improvement after falling earlier this year, according toThe central bank said Friday that its summer business outlook survey, which measures corporate expectations, bounced back after falling into negative territory at the start the year.

"Sales optimism is concentrated in Central Canada and includes positive expectations for housing activity. Nevertheless firms anticipate weakness in sales tied to the Western Canadian oil industry to persist," the report said. Last month, Carolyn Wilkins, the central bank's senior deputy governor, said growth was accelerating in the second quarter and should pick up the pace throughout the rest of 2019.

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That is because we hopefully only have 4 more months of the liberals!! There is some optimism on the horizon.

It's because we expect Dear Leader Justin to be turfed in October...

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