An Iranian delegation would travel to Pakistan on Tuesday

The Business Outlook Survey (BOS) was conducted by in-person, video and phone interviews from February 5 to 25, 2026, before the war in the Middle East began. The Business Leaders’ Pulse is conducted online every month; the latest results are from January, February and March 2026. This quarter’s publication also incorporates results from follow-up calls with BOS participants conducted between March 18 and 27, after the start of the war in the Middle East, with firms selected based on their exposure to the economic effects of the war. These results are supplemented by targeted consultations with industry leaders in highly affected sectors. Canadian Survey of Consumer Expectations—First Quarter of 2026 The Canadian Survey of Consumer Expectations was conducted through an online panel from February 5 to 25, 2026, before the war in the Middle East began. Follow?up phone interviews took place from February 24 to March 2, 2026. This quarter’s publication incorporates results from a special survey, conducted between March 26 and April 2, 2026, on how the war in the Middle East is affecting consumers' views and behaviours. Overview • In the first quarter of 2026, before the war in the Middle East, consumers’ spending plans remained muted, held back by concerns about high prices and economic uncertainty. Still, consumers became less negative about their spending plans than in the previous quarter as downward pressure from trade tensions eased. BOC SURVEY SHOWS Q1 BUSINESS SERVICE INDICATOR AT -0.36, UP FROM -1.78 IN Q4 (NO CHANGE).

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