Steady Confidence Among Emerging Risks
Our Index of Business Confidence held steady at 74.0 in the first quarter of 2026, as opposing factors offset one another and left overall confidence unchanged. Businesses remain subdued in their investment plans, reflecting their concerns about the trade tensions with the U.S., geopolitical conflicts abroad, and subdued growth prospects.
What is one of the key factors driving firms’ negative view of the economy? What bright spots are emerging, and why? Which province continues to lead as the most attractive destination for capital investment?
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