No Summer Lift for Business Confidence
Business confidence continues to dwindle, as ongoing uncertainty and a widening set of concerns have led Canadian businesses to take…
Jake Lenarduzzi
Senior Economist, Economic Forecasting
About
Jake Lenarduzzi is a Senior Economist with the Economic Forecasting team at Signal49 Research. He leads the Territorial Outlook and co-leads the Industry Lens, while also contributing to the organization’s provincial and national economic forecasts. His work focuses on the economies of Western Canada and a range of resource sectors, including agriculture, mining, and energy. In addition to his forecasting responsibilities, Jake has contributed to metropolitan economic forecasts for Western Canadian cities and to the Index of Business Confidence. He remains actively involved in a variety of custom research projects, providing economic analysis and insights to support clients across sectors.
Before joining Signal49 Research, Jake pursued doctoral studies in economics at Western University. He also gained experience in the public, utilities, and financial services sectors, building a strong foundation in economic research, forecasting, and policy analysis.
Employment History
- Senior Economist, The Conference Board of Canada (2025-2026)
- Economist, The Conference Board of Canada (2023-2025)
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Other News
Broken Bridges, Broken Business Confidence
Business confidence has been on shaky ground for the better part of the last decade. Now, with tariffs adding to…
Business Confidence Remains Stagnant in January
Key Insights The Index of Business Confidence has remained below 80 points since early 2022. In January, the Index rose by…
Business Confidence Still Searching for Rhythm
Key Insights The Index of Business Confidence has yet to experience a significant bounce back after declining for nine consecutive…
Business Confidence Sees a Slight Uptick in July
Key Insights The Index of Business Confidence has seen a modest increase in two of the last three quarters. In July,…
April Showers Didn’t Dampen the Labour Market
Insights In a weaker business environment, hiring across the economy has slowed. April was an exception to generally softer labour…
Following a Step Forward, Business Confidence Retracts
Key insights For current insights on Canada’s economic state and trends, please refer to our real-time GrowthNow forecast.
Reawakening Optimism: Business Confidence Ascends at Last
Insights The Index of Business Confidence rose for the first time in over two years. This upturn could be a…
Business Confidence Continues to Fall
Key Insights The Index of Business Confidence fell for the ninth straight quarter. It has been over two years since the…
An Eighth Straight Drop in Business Confidence
Key Insights The Index of Business Confidence fell for the eighth consecutive quarter. Since the second quarter of 2021, the Index…