Canadian Business Optimism Rises from Cyclical Low

(CEP News – Sarah Sussman)

Optimism among owners of Canada’s small- and mid-sized businesses climbed slightly in March, according to a survey by the Canadian Federation of Independent Business.

“Canadian small- and mid-sized business confidence has held firm in light of having to deal with significant levels of economic uncertainty through the early months of 2009,” CFIB’s chief economist Ted Mallett said in a press release.

The March Business Barometer index rose slightly to 87.3 from a cyclical low of 86.1 reached in December.