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18.12.202512:26:31UTC+00Canada Small Business Confidence at Over 3-Year High

In December 2025, Canada's CFIB Business Barometer's long-term index, which measures expectations for business performance over the next 12 months, climbed for the second month in a row to 59.9, up from a revised 55.8 in November. This marks the highest level since May 2022, driven by improvements in the health and education, retail, and insurance sectors. However, optimism has notably decreased in the hospitality and construction sectors, likely due to their seasonality. In terms of short-term outlook, the index reflecting expectations for the next three months increased by 2.0 points to 48.6, signaling only a modest rise in confidence. Despite this boost in sentiment, more than half of small businesses are still experiencing insufficient demand.

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