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Bank of Canada Survey: Canadian Firms Lower Inflation Expectations After Iran Ceasefire

2026-07-06 15:52:29

According to Bank of Canada's quarterly business leaders survey, Canadian enterprises have lowered their inflation expectations following the mid-June ceasefire agreement in the Middle East, with concerns about trade also easing. The survey, conducted in May before the U.S.-Iran peace accord, showed that firms had worried high oil prices would erode demand, economic growth, and sales. A subsequent survey of business leaders indicates these concerns are now subsiding, with inflation expectations reaching their lowest point this quarter following the agreement.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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