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Survey: Business hiring plans remain muted due to pandemic

from ChrisD.ca

Survey: Business hiring plans remain muted due to pandemic ChrisD.ca The Bank of Canada’s latest review of business and consumer expectations has revealed how widespread uncertainty is muting rehiring and purchasing plans, published days before a federal update gives the Liberals’ outlook for the economy. The central bank’s business outlook survey suggested about half of firms foresee a rebound in their sales within the next year as COVID-19’s effects recede, but the expectations of a return to pre-pandemic levels often depend on lifting government-mandated restrictions. READ MORE

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