Just 8% of small businesses are feeling pessimistic about this year, according to the poll.
Two-thirds of Canadian small businesses are feeling optimistic about their business in 2024, a new Yahoo Maru Public Opinion survey has found, with 73 per cent expecting to see sales increase this year. The quarterly survey of more than 800 small-business leaders across Canada provided to Yahoo found that 67 per cent say they are feeling optimistic about their business in 2024, while just 8 per cent are pessimistic and 25 per cent being neutral.
The survey results come despite concerns about economic uncertainty amid higher interest rates that have been weighing on growth and spending. The Canadian Federation of Independent Business' latest Business Barometer showed that nearly half of small businesses are reporting challenges with borrowing costs, and nearly half are facing insufficient demand. However, the survey's long-term confidence index has been steadily rising since November 2023.
"Taking more vacation, investing in productivity technology, and turning down business are three common steps to dealing with burnout. But the most common step being taken is to just try to work through the workload to get ahead," Davies said. WASHINGTON -As the U.S. Congress struggles to pass legislation to fund the government through the fiscal year that began in October, House Republicans on Thursday sought to jump the gun on Democratic President Joe Biden by unveiling a plan for the next year. The plan aims to balance the federal budget within a decade, cutting $14 trillion in federal spending in such areas as green energy subsides and student loan forgiveness while reducing taxes.
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