Skip to content
Subscriber Only

Bank of Canada Sees Elevated Business Sentiment, Limited Trump Impact

  • Employment intentions were ‘solidly positive’ in BoC survey
  • Business outlook gauge was positive for 6th straigh quarter
Views Of The Bank Of Canada As Household Imbalances Will Be Slow to Correct

Photographer: Patrick Doyle/Bloomberg

Updated on

Canada’s companies remain largely unscathed from policy uncertainty emanating from the Trump administration, with sentiment remaining at elevated levels.

The Bank of Canada’s first-quarter survey of executives showed expectations for future sales have improved, with companies seeing continued signs of capacity constraints and labor pressures. The central bank also found only a small minority of businesses have been impacted, or expect to be impacted, by changes or uncertainty around U.S. policy.