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Surprisingly Solid Report From BoC

Apr. 10, 2018 5:49 AM ETFXC, EWC, QCAN, FCAN, HEWC, FLCA
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Summary

  • What were the key takeaways from the Business Outlook Survey?
  • How might the Bank of Canada interpret the recent data and trade developments?
  • What stood out from the Sr. Loan Officer Survey?

Despite a slightly lower summary indicator, the Bank of Canada's Q1 Business Outlook Survey revealed that Canadian firms reported generally positive sentiment. Brian DePratto, Senior Economist, TD Bank, talks to Sara D'Elia about how to assess the report and what it could mean for the BoC rate decision next week.

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TD Wealth is an integral part of the TD Bank Group, which has approximately 24 million customers worldwide, 85,000 employees and CDN $1 trillion in assets on April 30, 2015. In Canada, TD Wealth services customers through: · TD Direct Investing which provides clients access to the information, tools and support that empower them to invest for themselves with confidence. · TD Wealth Private Client Group, which provides discretionary wealth management for high net worth clients and businesses. · TD Wealth Private Investment Advice provides full service brokerage for investors who want a high level of tailored advice and solutions. · TD Wealth Financial Planning develops and implements a financial plan for individual clients. At TD Wealth, whether you invest yourself or benefit from the knowledge provided by your advisor, you gain access to some of the industry's most highly regarded investment analysts, economists and market strategists.

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