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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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grandforksgazette.cagrandforksgazette.ca
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Small business confidence hits record low in B.C. amidst tariff uncertainty

Long-term confidence among B.C. small businesses hits 26.5 index on a scale of 100

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QNetNews.ca broke the news in on Thursday, March 20, 2025.
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