[Institution: Bank of Canada survey leaves room for a 50 basis point rate cut in October] Golden Finance reported that Bank of Montreal Capital Markets believes that the Bank of Canada's quarterly business outlook survey shows that although the September employment data showed a strong rebound in full-time and private sector jobs, the job market will continue to be weak. Companies expect wage growth to slow over the next 12 months, and hiring intentions have changed little from the previous quarter. The bank noted that the proportion of companies reporting labor shortages remains "well below" historical averages, and companies said that the influx of immigrants has increased the supply of labor. The bank said the survey results leave room for the Bank of Canada to cut interest rates by 50 basis points, but the company still insists on its expectation of a 25 basis point cut. Inflation data released next week may help resolve the 0.25 basis point vs. 0.5 basis point dispute among Canadian economists.