Bank of Canada – Business Outlook Survey (winter 09/10)

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Confidence in the Canadian recovery was growing, according to the Bank of Canada's year-end business outlook survey, results of which were published on 11 January.

Most firms continued to have excess capacity and expected that prices would increase over the course of 2010 following several consecutive years of declines. "The balance of opinion on future sales growth is roughly unchanged at a high level, indicating that firms expect sales to grow at a faster pace over the next 12 months than the

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