Canada Economics

Canada Chart Book

23 October, 2018

Stronger investment intentions bode well, for now

The third-quarter Business Outlook Survey revealed a rebound in firms’ investment intentions, which is consistent with machinery and equipment investment growth remaining close to 10% y/y. Moreover, the survey was carried out before the US and Canada concluded a new trade agreement at the start of this month, which could give investment a further boost. Higher investment intentions support our view that the Bank of Canada will follow a rate rise this week with another as soon as January, taking

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