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Vancouver, June 27, 2013 – Small business confidence in British Columbia held steady in June at 65.6, a sharp contrast to the national average which fell sharply, and is now at its lowest point since July 2009, according to the Canadian Federation of Independent Business (CFIB). The Business Barometer® index for BC in May stood at 64.9. An index of between 65 and 70 is generally associated with an economy growing at its potential.
“Clearly BC has bucked a trend that other provinces
are experiencing,” says CFIB BC director of provincial affairs Mike Klassen.
“The recent resolution of the province’s political uncertainty could be a
factor, but typically political events have little or no effect on small
business confidence. Nonetheless, the stabilization may have helped BC small
business confidence.”
View the Provincial Summaries report by clicking HERE, View the full report by clicking HERE. View the Sector Report by clicking HERE.
View the Provincial Summaries report by clicking HERE, View the full report by clicking HERE. View the Sector Report by clicking HERE.
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