Bank of Canada Survey Shows Firms Can’t Shake Trade Angst
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The Bank of Canada building in Ottawa.
Photographer: David Kawai/BloombergFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Erik Hertzberg and Nojoud Al MalleesOctober 20, 2025 at 2:30 PM UTCUpdated on October 20, 2025 at 3:11 PM UTCBookmarkSave
The Bank of Canada’s survey of businesses shows firms are still worried the ongoing trade war will limit their sales, though their expectations for inflation eased.
The central bank’s business outlook indicator rose slightly to minus 2.3 in the third quarter, up from minus 2.4 previously. The bank said despite the “gradual improvement,” firms’ outlook and intention “remain subdued.”
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