Canada's small businesses are quite a bit more upbeat in February. CFIB's monthly Business Barometer index rose 2.7 points to 62.9 this month--its best reading since January 2015. The destabilizing effects of the oil price crunch on business confidence now appear mostly behind us.
Canada’s private sector job vacancy rate held steady at 2.4 percent in the third quarter of 2016. This mirrors similar stability in the country's unemployment rate, which has hovered near 7.0 per cent for most of 2016.
A new backgrounder reveals that owning a small business in Canada is anything but a free ride to the penthouse that some might imagine. Statistics show the great majority of small business owners are well-represented in the middle-class.