Small Business Confidence in Canada Hits One of Lowest Levels Ever, CFIB Says

Small Business Confidence in Canada Hits One of Lowest Levels Ever, CFIB Says
A worker boards up a closed clothing store in Vancouver on April 16, 2020. Darryl Dyck/The Canadian Press
Isaac Teo
Updated:

Small business confidence in Canada has hit one of its lowest levels ever amid fear of a Christmas recession, according to the Canadian Federation of Independent Business (CFIB).

The federation reported on Nov. 24 that the confidence of Canadian small business owners is on a downward trend for the third consecutive month, and their outlook on the future is not promising.