{"id":62527,"date":"2017-01-09T17:23:46","date_gmt":"2017-01-09T17:23:46","guid":{"rendered":"http:\/\/usa.timesofnews.com\/bank-of-canada-survey-finds-majority-of-companies-expect-higher-sales-in-2017.html"},"modified":"2017-01-09T17:23:46","modified_gmt":"2017-01-09T17:23:46","slug":"bank-of-canada-survey-finds-majority-of-companies-expect-higher-sales-in-2017","status":"publish","type":"post","link":"https:\/\/usa.timesofnews.com\/breaking-news\/political\/bank-of-canada-survey-finds-majority-of-companies-expect-higher-sales-in-2017.html","title":{"rendered":"Bank of Canada survey finds majority of companies expect higher sales in 2017"},"content":{"rendered":"<p \/>\n<p>A new Bank of Canada poll suggests a greater number of Canadian firms expect to benefit from what they anticipate will be stronger post-election growth in the United States.<\/p>\n<p>However, the central bank&#8217;s latest business outlook survey also found when it came to exports many companies remained concerned about uncertainty linked to the possibility of new protectionist measures in the U.S.<\/p>\n<p>The poll says that given this uncertainty few firms have factored in the potential impacts from the outcome of the U.S. election into their sales outlooks.<\/p>\n<ul>\n<li><strong><a href=\"javascript:void(0)\">5 reasons why Canada&#8217;s economy is looking up in 2017<\/a><\/strong><\/li>\n<\/ul>\n<p>Still, the bank says companies surveyed between mid-November and early December were optimistic about some potential moves by the incoming Trump administration, such as changes to energy policies as well as increases to infrastructure and military spending.<\/p>\n<p>Overall, companies expected faster sales growth over the next 12 months \u2014 with considerable support anticipated from areas such as services sectors, housing-related activities and tourism.<\/p>\n<p>The survey also found stronger investment intentions among firms for the coming year, especially in Central and Eastern Canada, as well as more-widespread hiring expectations in most sectors and regions.<\/p>\n<p>&#8220;Firms are much more optimistic about the future,&#8221; TD Bank economist Brian DePratto said of the report.\u00a0&#8220;The balance of opinion on future sales improved again, and now exceeds the historic average.&#8221;<\/p>\n<p>&#8220;The healing process continues,&#8221; he added. &#8220;Today&#8217;s report is consistent with an economy that has put the worst impacts of the oil shock behind it.&#8221;<\/p>\n<p>Article source: http:\/\/www.cbc.ca\/news\/business\/bank-of-canada-business-survey-1.3927338?cmp=rss<\/a>\r\n<\/p>","protected":false},"excerpt":{"rendered":"<p>A new Bank of Canada poll suggests a greater number of Canadian firms expect to benefit from what they anticipate will be stronger post-election growth in the United States. However, the central bank&#8217;s latest business outlook survey also found when it came to exports many companies remained concerned about uncertainty linked to the possibility of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[84],"class_list":["post-62527","post","type-post","status-publish","format-standard","hentry","category-political","tag-political"],"_links":{"self":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/posts\/62527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/comments?post=62527"}],"version-history":[{"count":0,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/posts\/62527\/revisions"}],"wp:attachment":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/media?parent=62527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/categories?post=62527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/tags?post=62527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}