07:58 AM EST, 01/20/2025 (MT Newswires) -- Monday's release of the Business Outlook Survey and the Canadian Survey of Consumer Expectations will be of interest in terms of their broad array of measures on expected growth, hiring -- and particularly inflation expectations.

The Bank of Canada will publish its Q4 Business Outlook Survey (BOS) and the Canadian Survey of Consumer Expectations (CSCE) at 10:30 a.m. ET.

The prior survey showed that inflation expectations of both businesses and consumers remained above target, pointed out Scotiabank.

Monday's releases are likely to be stale by about two months, added the bank. A fresher survey done by the CFIB that measures small business expectations is correlated with the BoC measures and suggests that they may show firmer inflation expectations.