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Alberta index continues to close gap with rest of Canada
Alberta small business confidence rose about two and a half points in April to 57.9. Nationally, small business confidence gained a point and a half to finish the month at 64.4 -its highest level since November 2014.
The other provincial numbers were: Ontario (68.7), British Columbia (67.1), Nova Scotia (66.3), Quebec (65.7), Manitoba (63.5), New Brunswick (63.5), PEI (60.3), Saskatchewan (55.1) and Newfoundland & Labrador (43.8).
Measured on a scale of 0 and 100, an index level above 50 means owners expecting their businesses’ performance to be stronger in the next year outnumber those expecting weaker performance. According to past results, index levels normally range between 65 and 75 when the economy is growing at its potential.
April 2017 findings are based on 653 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Data reflect responses received through April 16.