BoC Q1 Business Outlook Survey to give an update on sentiment - TDS

According to the analysts at TDS, the Bank of Canada Q1 Business Outlook Survey will give an update on sentiment ahead of the April rate decision and MPR the following week.

Key Quotes

“The last BOS highlighted the uncertainty surrounding the outlook for US demand and we will be cognisant of any developments now we have seen the new administration in action for two months. We will also be watching for any improvement in investment intentions given the poor performance in business investment, which has been a key source of concern for the Bank of Canada. Markit Manufacturing PMI is also on the docket and will give an update on manufacturing sentiment for March.”