Correction to Bank of Canada Survey Story

The Bank of Canada's quarterly business outlook survey indicated 41% of firms expect their spending on machinery and equipment to increase, while 24% said capital spending would decline.,"Bank of Canada Survey Points to Healthy Business Sentiment," updated at 11:56 a.m. ET, incorrectly stated in the last paragraph that 24% said they would advance but at a slower pace. (Oct. 16, 2016)

(END) Dow Jones Newswires

October 16, 2017 15:48 ET (19:48 GMT)