Bank of Canada, Business Outlook Survey, Summer 04

The Bank of Canada published its Summer 2004 Business Outlook Survey on 12 July. Businesses are somewhat more optimistic about the outlook than they were in the spring, the Survey reported, reflecting increased confidence about the robustness of the global economic recovery.

Businesses remain generally optimistic about future sales volumes. This outlook is based largely on favourable economic prospects both domestically and abroad.

Reflecting their increased level of comfort regarding the outlook

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