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In The News
Business Barometer: Business confidence continues slide in August
September 10, 2015
Small business confidence is continuing its downward glide through 2015. The Business Barometer® Index fell another 1.5 points in August to 56.7, its lowest point since April 2009. So far in 2015, the index has eroded by almost 8 points—largely on the basis of weakening sentiment in the Western Provinces.
What China's currency devaluation means for the world's trade deals
September 6, 2015
With the sudden depreciation of China’s renminbi [yuan], it’s worth looking at the link between currency values and trade agreements. China’s currency last week dropped by a cumulative 4.4% against the U.S. dollar, making Chinese exports cheaper and imports into China more expensive by that amount.
BC ports of entry slated for upgrades
August 29, 2015
Five rural B.C. border crossings are up for a modern redesign after receiving an influx of federal dollars in late July.
Paterson’s port of entry (POE) and the Waneta Border Crossing are on the list, though construction won’t begin for a few more years, says Robin Barcham, communications advisor for the Canada Border Services Agency (CBSA).
Business Barometer: small biz confidence takes a beating in July
August 21, 2015
Canada's economy still appears to be adrift and with only limited power. The Business Barometer® Index of small business confidence fell more than a point in July to 58.2, its lowest level since mid-2009 and just below the point that corresponds with zero real GDP growth (59.8 using the past six years of monthly data).