TORONTO ? Small business confidence grew sharply in July, according to the latest monthly survey conducted by the Canadian Federation of Independent Business.
The CFIB?s index rose almost five points to 64.2, making up nearly all the ground lost in the previous four months.
Measured on a scale of 0 and 100, an index above 50 means owners expecting their businesses? performance to be stronger in the next year outnumber those expecting weaker performance.
Small businesses in Saskatchewan were the most optimistic in Canada, with an index of 71.2, with post-flood Alberta not far behind at 66.8.
Newfoundland and Labrador also scored high at 66.7, followed by Ontario at 66.5 and British Columbia at 64.9.
New Brunswick (58.9), Manitoba (58.0), Nova Scotia (57.0), Quebec (56.4) and last-place Prince [...]
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Source: http://www.ipolitics.ca/2013/07/25/small-business-confidence-gains-in-july/
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