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10:30 (ET)
The Market Participants Survey is conducted quarterly. Bank of Canada staff reach out to a diverse set of participants in financial markets to gather their views on key macroeconomic and financial variables as well as on monetary policy.

Bank of Canada’s Annual Economic Conference
Ottawa, Ontario

09:45 (ET)
On eight scheduled dates each year, the Bank of Canada announces the setting for the overnight rate target in a press release explaining the factors behind the decision. Four times a year, Governing Council presents the Monetary Policy Report: the Bank’s base-case projection for inflation and growth in the Canadian economy, and its assessment of risks.

Results from the Business Outlook Survey and the Business Leaders’ Pulse indicate that firms’ sentiment improved in the third quarter. Most survey responses were collected before Canada-US trade talks broke down and new counter-tariffs were announced. Firms reported better outlooks for domestic and export sales, and investment intentions remained robust. Expectations for input and selling price growth and for inflation eased but remained elevated. Responses collected after trade talks broke down suggest that renewed trade tensions are dampening firms’ sentiment and export and investment outlooks. The new tariffs and counter-tariffs are putting upward pressure on costs, prices and inflation expectations.

Results of the third-quarter 2026 survey show that consumers’ long-term inflation expectations rose to match elevated shorter-term expectations. Consumers continued to cite trade tensions and energy prices as key sources of inflation. Expectations at all horizons moved higher following the breakdown of trade talks between Canada and the United States. Before trade talks broke down, the Canadian Survey of Consumer Expectations (CSCE) indicator edged higher, reflecting improvements in consumers’ views of their financial health. Consumers cited gains in financial asset values and greater confidence in the labour market as reasons for these improved views of financial health. Workers’ perceptions of the labour market moved closer to their survey average. Perceptions improved among workers more exposed to trade with the United States but deteriorated among workers in sectors where artificial intelligence poses a higher risk of task replacement. At the same time, spending plans deteriorated from already weak levels as high prices and economic uncertainty continue to weigh on consumers.

11:30 (ET)
The Business Outlook Survey is a summary of interviews conducted by the Bank's regional offices with business leaders from about 100 firms, selected in accordance with the composition of Canada's gross domestic product. The Canadian Survey of Consumer Expectations is a quarterly survey aimed at measuring household views of inflation, the labour market and household finances, as well as topical issues of interest to the Bank of Canada.

On Monday, October 19, 2026, the Bank of Canada will release the third quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations.

Tiff Macklem, Governor of the Bank of Canada, held a virtual roundtable with journalists today from the sidelines of the IMF meetings in Bangkok.

Sobey School of Business at Saint Mary's University
Halifax, NS

International Monetary Fund (IMF)
Bangkok, Thailand