Benjamin Tall: Small business activity in Canada is lagging the economy as a whole, but it has the potential to pick up and grow in the next five years, according to a new report from World Markets. , according to Winnipeg Free Press. "Just as small and medium enterprises are less responsive to a rise in the value of the loonie, they are just as insensitive to Canadian dollar weakness," said Benjamin Tall, the bank deputy chief economist, who co-authored the report. A sign is pictured in Toronto financial district on Feb. 26, 2009. THE Nathan Denette It says that currency fluctuations have less impact on small and medium-sized businesses and notes that a meaningful drop in the Canadian dollar below the U.S. greenback has helped exports.
(www.immigrantscanada.com). As
reported in the news.
Tagged under Small business activity, World Markets topics.
21.10.14