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2023 Q4 Canadian Survey on Business Conditions Report by BDL

The 2023 Q4 Canadian Survey on Business Conditions Report by the Canadian Chamber of Commerce Business Data Lab.

The 2023 Q4 Canadian Survey on Business Conditions Report by the Canadian Chamber of Commerce Business Data Lab.

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Interest rates have affected businesses’ debt and borrowing costs,<br />

and sales the most.<br />

Aspects of the business or organizati<strong>on</strong> most impacted <strong>by</strong> interest rates<br />

% of resp<strong>on</strong>dents that indicated an impact (low, medium or high), all industries<br />

31%<br />

18% 17%<br />

13%<br />

9%<br />

7%<br />

5%<br />

Cost of existing debt New borrowing costs Sales of products and<br />

services<br />

Capital expenditures<br />

Financing for<br />

customers<br />

Investments made <strong>by</strong><br />

business<br />

Exchange rates<br />

Source: Statistics <strong>Business</strong> Canada, Data Lab <str<strong>on</strong>g>Canadian</str<strong>on</strong>g> analysis based <str<strong>on</strong>g>Survey</str<strong>on</strong>g> <strong>on</strong> <strong>on</strong> Statistics <strong>Business</strong> Canada’s C<strong>on</strong>diti<strong>on</strong>s, <str<strong>on</strong>g>Canadian</str<strong>on</strong>g> <str<strong>on</strong>g>Survey</str<strong>on</strong>g> <strong>on</strong> <strong>Business</strong> C<strong>on</strong>diti<strong>on</strong>s;<br />

15,963 15,976 businesses resp<strong>on</strong>ses surveyed in in October January and November February <str<strong>on</strong>g>2023</str<strong>on</strong>g>.<br />

<str<strong>on</strong>g>Canadian</str<strong>on</strong>g> Chamber of Commerce | <strong>Business</strong> Data Lab<br />

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