Nearly a quarter of Canadian businesses expect their costs to rise with Donald Trump set to take office today, according to a new survey from the Bank of Canada.
The central bank polled more than 900 business leaders in December. The results from its “business leaders’ pulse” were released Monday.
The survey indicated 18 percent of those businesses anticipate their prices to rise with the incoming U.S. administration, while 11 percent expected their prices to actually be lower.
Overall, 40 percent of companies expect a negative impact on their business from the incoming U.S. administration, while a third said it was too early to tell….