US EditionCanada business sentiment remains subdued, says Bank of Canada survey
The Bank of Canada's survey shows 21% of firms plan to cut workers amid trade tensions and tariffs, with modest sales growth expected and consumer spending constrained by inflation and job concerns.
- On Monday, Jan. 19, 2026, the Bank of Canada published a pair of reports showing subdued business sentiment in the fourth quarter of 2025 based on surveys of companies and households.
- Trade-Related uncertainty and tariffs have continued to weigh on business confidence, while high prices and housing costs constrain household spending, the report said on Monday.
- Business leaders reported weak sales growth, noting one-third saw sales decline while more consumers said financial health deteriorated and spending plans remain weak.
- Fewer businesses are budgeting for a recession, with 22 per cent down from 33 per cent, and business leaders reported fewer tariff-related cost pressures, though they remain widespread.
- Ahead of Jan. 28, the Canadian surveys highlight energy sector strain despite oilsands viability at US$60 per barrel through 2026.
21 Articles
21 Articles
Consumers continue to feel the weight of high prices and economic uncertainty, while business morale is also in the dark.
The year that begins is forecast to be difficult for the Canadian economy, but companies are a little more optimistic, particularly about the possibility of a recession and the possibility of exporting elsewhere than to the United States.
Canadians worried about the economy plan to spend less, says Bank of Canada survey
Consumers are still feeling anxious over high prices and economic uncertainty from the U.S. trade conflict, according to a Bank of Canada survey published Monday, showing that some Canadians still perceive weakness in the economy even as several indicators improve.
Consumers Face Continued Price Pressure and Instability as Business Confidence Lags: Surveys
Consumers are still experiencing the burden of elevated prices and economic instability, and business confidence remains low, new reports from Canada’s central bank suggests. Two reports issued by the Bank of Canada on Jan. 19 provide an overview of how companies and households perceived the economy during the fourth quarter of 2025. Business leaders reported a decrease in tariff-related cost pressures from the previous quarter, although such pr…
Coverage Details
Bias Distribution
- 47% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
