Source Bank of Canada (latest release)
Frequency Released quarterly;
Next Release Apr 6, 2015
FF Notes This report is highly respected given its source and timing in relation to interest rate decisions. It can also have predictive qualities regarding future economic conditions because the surveyed firms are selected in accordance with their composition of the nation's GDP;
Why Traders
Care It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment;
Derived Via Survey of about 100 businesses which asks respondents to rate the relative level of general business conditions, such as sales growth, investment in machinery, employment, inflation expectations, and credit conditions;
Also Called Senior Loan Officer Survey;
Acro Expand Bank of Canada (BOC);