Scotiabank Survey Finds High Optimism Among Canadian Small Businesses
1 report, 1 independent
Updated 00:00
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What happened
Scotiabank conducted a survey of its Canadian small business clients. The Bond Brand Loyalty Business Banking CX Report found that 62% of these clients are optimistic about the Canadian economy. Furthermore, 74% of the surveyed clients are optimistic about the future of their own business over the next 12 months.
From simcoereformer.ca
Why it matters
The report suggests that sentiment is beginning to improve regarding business performance, economic outlook, and economic diversification. Julien Champagne, Senior Economist at Scotiabank, noted that small businesses are central to the Canadian economy and scaling them is key to boosting productivity, strengthening exports, and creating jobs.
From simcoereformer.ca
Who's involved
- ScotiabankCanadian bank that conducted the survey of small business clients
- Julien ChampagneSenior Economist who commented on the importance of small businesses to the economy
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The entities involved
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Scotiabank
Canadian bank based in Toronto
Related events
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- The Fraser Institute is a Vancouver-based think-tank, and Scotiabank is based in Toronto.
- Scotiabank and ABN AMRO Bank N.V. were identified as large-cap finance companies.