Bank of Canada, Business Outlook Survey, Winter 06

The Bank of Canada published its Winter 2005-2006 Business Outlook Survey on 16 January, saying the results of the survey are broadly similar to those of the autumn survey, with firms in aggregate remaining optimistic about the economic outlook.

Pressures on production capacity and labour shortages remain, and are concentrated in Western Canada.

Inflation expectations have eased somewhat, with three-quarters of participants expecting inflation over the next two years to stay within the

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