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- Bank of Canada survey: economic slack now largely limited to energy-producing regions
Bank of Canada survey: economic slack now largely limited to energy-producing regions
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Firms plan to expand operations to accommodate sustained demand; investment and employment intentions up
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Many firms expect stable sales growth or a return to a more sustainable pace, particularly in goods sector
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Indicators of capacity pressures and labor shortages picked up, "Reflecting strong demand and tightening labor markets"
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Q4 business outlook survey finds expectations for sales activity remain positive but point to some moderation ahead
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Apart from higher prime rates, credit conditions largely unchanged
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Inflation expectations are modest, unchanged from third quarter
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Rising labor costs, often related to upcoming increases in minimum wage as well as non-labor input costs, to put upward pressure on output prices
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