July 6, 2026
Backgrounder on the Business Outlook Survey questions on the magnitude of change in sales, investment, employment and prices
In 2016 and 2017, the Bank of Canada added questions to the Business Outlook Survey on firms’ expectations for the magnitude of change in their sales volumes, number of employees, investment spending, input prices and selling prices. This backgrounder describes how the responses are aggregated and examines their relationship with macroeconomic and price measures.