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The Bank of Canada (BoC) released its autumn Business Outlook Survey today. The BoC's survey showed that companies expect a modest improvement in business activity, supported by the improving U.S. demand.
The survey also showed that inflation expectations increased.
Expectations of higher sales over the next 12 months rose and reached the highest level since the beginning of 2012, so BoC Business Outlook Survey.
The survey said that some companies expect to rise investment in machinery and equipment over the next 12 months.
More companies plan to add more jobs over the next year to meet additional demand, so the survey.
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