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Business optimistic about 2012

Published by Steve Coleman on April 10, 2012

Businesses say they're more optimistic about the immediate future than they were.

An RBC survey says companies are more likely to hire and invest more in their operations than they were following the 2008 recession.

The vast majority of respondents (91 per cent) say inflation will stay in the Bank of Canada's one-three per cent target range over the next two years. That's down only slightly from the 92 per cent who predicted the same thing in the fourth quarter of 2011.

For a more-detailed look at the bank's analysis, check the following link.

 

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