A bit of good news from Alberta’s small business sector this morning.
The Canadian Federation of Independent Business says while business confidence is still below what it was during the 2008 recession, at least we’re gaining ground.
The CFIB’s business confidence index gained 6 points in May.
Richard Truscott, with the group says only time will tell if this is the start of a longer-term trend.
He says while it looks like entrepreneurs had a bit more of a bounce in their step last month, there’s still a long hill to climb.
39 per cent still describe the general health of their business as bad, and hiring plans remains negative with 33 per cent of owners expecting to cut back staff and only eight per cent looking to hire.