Business Confidence Bucks the Trend in Fourth Quarter: Index of Business Confidence—February 2024

glass buildings with reflections in the financial district of toronto

Business Confidence Bucks the Trend in Fourth Quarter: Index of Business Confidence—February 2024

Consumer and Business Confidence
6 min read

Author: Jake Lenarduzzi

$335.00

A recent increase in business confidence points toward increased investment and an end to a historical downturn. However, many businesses remain pessimistic about the current state of the economy.

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In this research, we examine the results of our quarterly business confidence survey, where we ask firms about their views on their financial status and investment intentions and on the broader economic landscape. Firms note that interest rates are a concern. Will high interest rates continue to hinder new business investment this year? Will firms’ financial positioning and profitability allow them to invest in new strategic initiatives? Or will low demand for Canadian goods and services continue to slow production and impede profitability and investment again in 2024?

Read our briefing to get our full analysis.

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