About half of businesses see a recession looming, Bank of Canada survey finds

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About half of businesses see a recession looming, Bank of Canada survey finds
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Bank of Canada\u0027s survey found business sentiment dropped a notch in the first quarter from the fourth. Find out more

Business sentiment in the Bank of Canada's survey dropped a notch in the first quarter from the fourth, to 35 per cent from 36 per cent.OTTAWA — About half of Canadian businesses see a mild recession over the next year, the Bank of Canada said on Monday in a first quarter survey, fewer than in the fourth quarter, and most are bracing for inflation to stay above 2 per cent until at least 2025.

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