Many firms expect increase in expenditures over next 12 months to be modest
Balance of opinion on investment intentions increased in q1 survey; suggests plans to invest have become more widespread
Expect somewhat faster export growth; growing number of firms expect U.S growth to be strong
Firms expect some increase in sales growth; balance of opinion of indicators of future sales at highest level in five years
Inflation expectations marginally higher than q4 survey; majority of firms still expect inflation to be in lower half of BoC's control range
Capacity pressures remain modest overall, suggesting slack persists
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