BMO: Canadian Business Confidence Remains High
- Employment rate up from year-ago levels, despite drop in March - More than half of business owners expect 2013 to be a better year for business
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 04/05/13 -- Despite a drop in Canadian employment numbers in March, Canadian businesses remain confident about their business prospects for 2013, according to the latest BMO Small Business Confidence Report.
While the unemployment rate rose to 7.2 per cent, employment is still up 1.2 per cent from year-ago levels. "March saw big gains in more than half the industry groups, although manufacturing, hotels & restaurants and public administration saw losses," said Doug Porter, Chief Economist, BMO Capital Markets. "We experienced a positive shift in the number of Canadians becoming entrepreneurs. These individuals remain upbeat on the outlook and confident in their skillsets."
The BMO Small Business Confidence Report also found:
"The Canadian economy has weathered many storms through the recent economic downturn, and businesses across the country continue to perform well. However, it's important that businesses remain adaptable to change and look for ways to grow beyond our borders," said Steve Murphy, Senior Vice President, Commercial Banking, BMO Bank of Montreal. "The U.S. economy is showing strong signs for growth this year, providing positive implications for Canadian businesses looking south for opportunities."
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $542 billion as at January 31, 2013, and more than 46,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.
Contacts:
News Media Contacts:
Peter Scott, Toronto
(416) 867-3996
Russell Baker, Toronto
(416) 867-3996
Valerie Doucet, Montreal
(514) 877-8224
Laurie Grant, Vancouver
(604) 665-7596
Internet:
Twitter: (at)BMOmedia
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 05.04.2013 - 18:51 Uhr
Sprache: Deutsch
News-ID 246428
Anzahl Zeichen: 0
contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Commercial & Investment Banking
Diese Pressemitteilung wurde bisher 236 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"BMO: Canadian Business Confidence Remains High"
steht unter der journalistisch-redaktionellen Verantwortung von
BMO Financial Group (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
