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Small business optimism increases

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Optimism among Manitoba small businesses inched a little higher this month, which bodes well for local job seekers, the Canadian Federation of Independent Business said today.

"Small business optimism in Manitoba continued its upward climb since last fall," CFIB Manitoba director Janine Carmichael said in a statement. "We’re also pleased to see that strong hiring plans continue — 32 per cent plan to increase full-time employment in the next quarter, up from 27 per cent last month."

The CFIB said its latest monthly Business Barometer survey showed Manitoba’s barometer climbed to 64.5 from 63.4 in February. That’s sixth highest among the provinces, and also higher than the national index of 62.9.

Tax and regulatory costs were the leading cost concern cited by local businesses, while the shortage of skilled workers continues to rank as the biggest limitation on their sales or production growth.

murray.mcneill@freepress.mb.ca

 

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