Wednesday, July 08, 2020

Business Sentiment At Great Recession Levels

Jly 8/20

Canadian business sentiment is still dropping, despite a partial re-opening of the economy. Bank of Canada (BoC) released its Business Outlook Survey for Q2 2020. Business sentiment has dropped to the lowest level since the Great Recession. A drop this steep usually leads a recession, and doesn’t mark the bottom – as firms try to reel in risk.


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