[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![PiQSuite Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1160506639046328321.png) PiQ [@PiQSuite](/creator/twitter/PiQSuite) on x 123.7K followers
Created: 2025-07-21 14:33:42 UTC

BANK OF CANADA Q2 BUSINESS OUTLOOK SURVEY SHOWS THE DIRECT IMPACTS TARIFFS ARE HAVING ON FIRMS' OUTLOOKS ARE LESS SEVERE THAN IN Q1

BOC SURVEY: Q2 BUSINESS SURVEY INDICATOR -XXXX FROM -XXXX IN Q1 (REVISED FROM -2.14)

BOC SURVEY: TARIFFS AND RELATED UNCERTAINTY CONTINUE TO HAVE MAJOR IMPACTS ON BUSINESSES' OUTLOOKS

BOC SURVEY: MOST FIRMS EXPECT TO MAINTAIN CURRENT STAFFING LEVELS AND LIMIT INVESTMENT TO REGULAR MAINTENANCE OVER THE NEXT XX MONTHS

SEPARATE BOC BUSINESS LEADERS' PULSE: FEWER EXPORT-FOCUSED FIRMS EXPECT THE WORST CASE TARIFF-RELATED SCENARIOS THAT THEY ENVISIONED IN Q1

BOC SURVEY: XX% OF FIRMS EXPECT INFLATION TO BE ABOVE X% FOR NEXT X YEARS, UNCHANGED FROM Q1

BOC SURVEY: XX% OF FIRMS EXPECT LOWER LABOR COSTS OVER NEXT XX MONTHS, X% SEE HIGHER LABOR COSTS

BOC CONSUMER SURVEY SHOWS EXPECTATIONS FOR 5-YEAR INFLATION HAVE RISEN TO XXXX% FROM XXXX% IN Q1

BOC SURVEY: XX% OF FIRMS REPORTED OUTRIGHT DECLINE IN SALES OVER PREVIOUS XX MONTHS, DOWN FROM XX% IN Q1

BOC SURVEY: XX% OF FIRMS EXPECT CANADA TO BE IN A RECESSION OVER THE NEXT YEAR, DOWN FROM XX% IN Q1

BOC SURVEY: BALANCE OF OPINION ON INDICATORS OF FUTURE SALES DROPS TO -X FROM +22 IN Q1

SEPARATE BOC Q2 SURVEY OF CONSUMER EXPECTATIONS FOR NEXT XX MONTHS SHOWS XXXX% OF CANADIANS EXPECT A RECESSION, DOWN FROM XXXX% IN Q1


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947303980792508530/c:line.svg)

**Related Topics**
[tariffs](/topic/tariffs)
[canada](/topic/canada)
[bank of](/topic/bank-of)

[Post Link](https://x.com/PiQSuite/status/1947303980792508530)