Bank of Canada Business Outlook Survey shows booming optimism even as price pressures build
October 22, 2021
Firms anticipate stronger demand as pandemic conditions improve, according to results from the Bank of Canada’s Business Outlook Survey in the third quarter of 2021. However, many businesses face supply constraints that will limit their sales and put upward pressure on their costs. Together, these demand pressures and supply challenges are driving widespread plans to invest, hire staff, and increase prices.
