There’s been a slight dip among Canadian employers when it comes to business sentiment for the next three months, according to a report from the Canadian Chamber of Commerce.
Employers scored 98.4 on the group’s Business Expectations Index for the third quarter of 2024, down from 101.8 in the previous quarter.
“With the central bank watching firm pricing behaviour closely, this return-to-normal trend could bring more aggressive interest rate cuts from the Bank of Canada to support the weak economy,” says Stephen Tapp, chief economist at the Canadian Chamber of Commerce.
