Bank of Canada Survey Finds Notable Rise in Firms’ Inflation Expectations
The Bank of Canada’s quarterly business-outlook survey found inflation expectations among Canadian firms rose sharply, amid deteriorating U.S.-Canada trade ties and continued Middle East tensions.
OTTAWA — A quarterly Bank of Canada business-outlook survey found that inflation expectations among Canadian firms have risen sharply. The survey attributes the increase to worsening U.S.-Canada trade relations and ongoing tensions in the Middle East. Economists say the findings could…