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June 2021 SME business outlook -Canadian Federation of Independent Business (CFIB)

Small business confidence over the short and long-term gained momentum in June. With many provinces announcing easing of restrictions, due to solid vaccine rollout plans and lower hospitalization rates, business optimism improved without a doubt. 

CFIB's Business Barometer® index, which is based on 12-month forward expectations for business performance, reached 70.1—an almost four-point gain since May. The more immediate optimism index based on the 3-month outlook improved by five points and reached 56.8.

The full report from CFIB can be reviewed on their website

Topic(s)

International Trade and Border Management

Information source

Canadian Society of Customs Brokers (CSCB)
Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.