Bank of Canada’s Business Survey Show Firms Less Worried by Worst-Case Tariff Scenarios

Bank of Canada says inflation expectations easing as businesses hold off passing on tariff price hikes

Bank of Canada says businesses' inflation expectations are easing as weak demand keeps companies from passing on tariff price hikes. Read on

Bank of Canada’s business survey show firms less worried by worst-case tariff scenarios

U.S. tariff impacts are largely on the steel, aluminum and automobile sectors, widespread uncertainty on broader effects remains

Most Canadian businesses aren’t battling tariffs, RBC says

The Bank of Canada’s latest Business Outlook Survey shows Canadian businesses are growing more confident, despite softer near-term demand. In a July 21 RBC Economics newsletter, Senior Economist Claire Fan noted that while sales expectations dipped in the second quarter, overall outlooks improved and inflation expectations continued to normalize. The survey, conducted from early to […] Source

BoC says worst-case trade fears are fading, but economic confidence remains fragile - Mortgage Rates & Mortgage Broker News in Canada

Ongoing trade uncertainty is weighing on hiring, investment and household spending, as more Canadians brace for a possible recession.

BoC surveys show business fears of tariff impacts are easing

The Bank of Canada (BoC) released triplicate survey reports on Monday, with the Q2 Business Outlook Survey showing less direct tariff impact in Q2 compared to Q1, while the BoC Business Leaders' Pulse showed less export-focused firms expect worst-case tariff scenarios than before.