If you’re running a small Canadian business then there is a good chance that you’re feeling good. According to the Toronto Sun, optimism is at its highest since May.
The association’s Business Barometer increased to 66.9 in its latest reading, more than three points higher than September.
“While this index level is still modest compared to pre-recession readings, it suggests a firming up of business owners’ expectations,” CFIB vice-president and chief economist Ted Mallett said. “Not many small- and medium-sized businesses are expecting high growth in the coming year, but even fewer are expecting significant declines.”
“Taking into account the new readings, optimism appears to book-end the country, with higher-than-average levels in the far west and the Atlantic regions,” Mallett said.
Photo by Kevin Dooley