• The view that sales growth will be higher over the next 12 months is considerably more wide­spread
  • Results of the spring survey point to more optimism among firms than in the winter survey
  • Inflation expectations remain concentrated within the Bank’s inflation­ control range, but have moved up in line with higher oil prices
  • Full report

It’s good news but it’s clear that CAD is more concerned with the outlook for the US than at home.