Global Analysis from the European Perspective. Preparing for the world of tomorrow

Canada Business Sentiment Softens as Economy Slows

Canada’s recent economic slowdown and global trade tensions are hitting businesses confidence, according to a Bank of Canada survey.

The Ottawa-based central bank’s first-quarter survey of executives showed soft expectations for sales along with a sharp decline in the number of companies reporting labor shortages. The Bank of Canada’s composite gauge of sentiment turned negative and dropped to its lowest since 2016. Source: Bloomberg

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