Canadian firms expect post-election US growth despite uncertainty: central bank
OTTAWA — A greater number of Canadian firms are expecting to benefit from what they foresee as stronger post-election growth in the United States, a new Bank of Canada poll suggested Monday.
However, the central bank’s latest business outlook survey also found when it came to exports many Canadian companies remained concerned about uncertainty linked to the possibility of new protectionist measures in the U.S.
The bank described the views of firms following the Nov. 8 presidential election as “divided.”
The results of the poll, conducted between Nov. 14 and Dec. 5, showed that given this uncertainty few firms have factored in the potential impacts from the outcome of the U.S. election into their sales outlooks.