Small business confidence hits record low in B.C. amidst tariff uncertainty
- Small business confidence in British Columbia has dropped to 26.5 index points, lower than during the COVID-19 pandemic, the financial crisis of 2008, or the events of 9/11, according to the Canadian Federation of Independent Business.
- Ryan Mitton, CFIB's legislative affairs director in B.C., attributes the decline to uncertainties from the Canada-U.S. Trade war and potential impacts of tariffs.
- Gavin Dew, MLA for Kelowna-Mission, criticized government mismanagement and described the economy as a 'dumpster fire' before the tariff threats.
- Stewart Prest, a UBC lecturer, noted that British Columbians are growing accustomed to trade uncertainty, indicating that issues like energy prices may become significant concerns again.
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Future-proofing small and medium-sized businesses in a volatile environment
We hosted a webinar on this subject over lunchtime on 21 March 2025 featuring an expert panel consisting of Caroline Cropley, Partner and Head of Corporate Restructuring at Druces solicitors, James Pinchbeck, Chief Marketing Officer of Streets accountants, and Tom Mawhood, of Turning Point UK, business turnaround specialists, and chaired by Bernard Savage of Size 10½ Boots, an agency that grows professional firms. It is full of useful insights a…
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