BOC quarterly business outlook survey

  • Investment intentions index recedes closer to average
  • Capacity and labour market pressures have intensified over the past year, suggesting slack being absorbed amid robust demand
  • Most firms report no impact from US policy uncertainty
  • Sales prospects for the next 12 months remain 'robust'
  • Hiring intentions are positive across all regions
  • Widespread view that capacity pressure has increased over the past year

Highlights of the senior loan officer survey

  • Overall business lending conditions are nearly unchanged for the fifth consecutive quarter