A troubling economic signal today from the voice of small business.
Canadian Federation of Independent Business blaming several factors, including the Trans Mountain pipeline dispute, the pending employer health tax, and a rising minimum wage for B.C’s falling business confidence.
“This is not a good path to be on. It’s definitely moving in the wrong direction, and hopefully, we’ll see a rebound in May and June, but I’ve got to say, there’s an awful lot that is going on, there’s a lot of things that are concerning business owners.”
The C.F.I.B’s Richard Truscott, who notes that B.C’s confidence score has dropped to 61.4, with 65 being the cut off for a healthy growing economy.