The Bank of Canada's Business Outlook Survey (BOS) is a quarterly survey of approximately 100 businesses across Canada. It captures sales expectations, hiring and investment intentions, capacity pressures, and inflation expectations.
Why FX traders watch it
The BOS is the Bank of Canada's proprietary gauge of domestic business conditions. A strong BOS is often a precursor to BoC tightening; a weak BOS raises the probability of rate cuts and is CAD-negative.
How to interpret the data
The survey's 'balance of opinion' indicator—the share of positive minus negative responses—is the key metric. A positive balance above zero is broadly CAD-positive. Watch capacity pressures and hiring intentions for inflation and labour market signals.
Historical BoC ವ್ಯಾಪಾರ ದೃಷ್ಟಿಕೋನ (CAD)
Source: Bank of Canada/StatCan
· Quarterly
· Balance