March 2022 SME business outlook - Canadian Federation of Independent Business (CFIB)

March 31, 2022

Canada's small business confidence over the short and long-term gained momentum in March. The survey was run at the beginning of the month, and it may not capture the international turmoil and uncertainty just yet.

CFIB's Business Barometer® Short-term Index, which is based on 3-month forward expectations for business performance, gained 6 points to 60.2—the highest levels since pre-pandemic. The long-term optimism index, which is based on a 12-month outlook, also improved by 2 points to 65.1.

https://www.cfib-fcei.ca/en/research/economic-indicators/business-barometer

Topic(s)

International Trade and Border Management

Information source

Industry Publication

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.

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