Bank of Canada Survey Finds Inflation Expectations Rose Among Firms
The Bank of Canada’s quarterly business outlook survey found a sharp uptick in inflation expectations among Canadian firms, amid worsening U.S.-Canada trade ties and continued Middle East tensions.
By Paul VieiraOTTAWA--The deterioration of crossborder U.S.-Canada trade ties and continued Middle East tension has led to a sharp uptick in inflation expectations among Canadian firms, according to a quarterly business-outlook survey from the Bank of Canada.Responses collected from Canadian compan…