While the latest Bank of Canada survey data suggests both businesses and consumers are in need of more financial relief amid the trade war, many economists doubt the central bank will cut rates on July 30. Most business owners are feeling less pessimistic about a potential recession than earlier this year, but still say they’re feeling “subdued,” according to the results of the latest Business Outlook Survey released by the Bank of Canada on Monday. “Business sentiment, although still subdued, has improved from the sharp declines recorded in March and April 2025,” the Bank of Canada says in its summary of the survey ... (full story)