Small business sentiment has now returned to what can be considered normal for a sustainably growing economy. CFIB’s National Business Barometer
® Index climbed to 67.7 in March, more than a point and a half above February’s level and six points above its August 2011 low brought on by international sovereign debt jitters.
The Government of New Brunswick delivered a prudent, restrained, all-business budget keeping it on track to eliminate its once massive deficit in two years. And it’s doing so without big tax hikes.
Optimism among Canadian small and mid-size businesses continues to improve, but at a glacial pace. CFIB’s Business Barometer Index ended January at 65.2—just slightly above the 65.0 registered in December and not enough to be a statistically significant movement.