Small- to medium-sized business owners throughout Canada have something to smile about this year, according to The Canadian Press. The source referenced a new business barometer index released by the Canadian Federation of Independent Business, showing a lot of SMBs have full-time hiring plans in place, which 27 percent said they are expecting to do in the next few months.
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Business owners in Alberta reported to be the most optimistic, while Newfoundland, Labrador and Saskatchewan followed. In addition, businesses in Ontario, Nova Scotia, Manitoba and Quebec are also confident in their business endeavors. Ted Mallett, CFIB’s chief economist and vice president, said this will most likely become a continuing trend over the next few months.
“After a lacklustre November and December, small business owners across Canada are starting to feel more optimistic about the future” he said. “While it’s too soon to make any conclusions about 2013, the latest survey results are very encouraging.”
The survey also found other aspects of business were also looking up. The organization’s website said that some of the aspects of businesses that are “gradually trending upward” are acounts receivables, unfilled orders and capital investment plans.
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