The boomlet of good economic news continues.
A lot of the indicators that make headlines say more about the past than the future. An exception is the Bank of Canada’s quarterly Business Outlook Survey. The central bank seeks to measure confidence by asking a group of 100 companies about things such as their hiring and investment plans for the 12 months ahead. The latest survey, released January 9, suggests Canada’s companies are feeling okay about 2017, which is a significant improvement from the previous couple of years.
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