US EditionSmall 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
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Total News Sources19
Leaning Left14Leaning Right0Center1Last UpdatedBias Distribution93% Left
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- 93% of the sources lean Left
93% Left
L 93%
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