globeinteractive.com: Making the Business of Life Easier

   Finance globeinvestor   Careers globecareers.workopolis Subscribe to The Globe
The Globe and Mail/globeandmail.com
Home | Business | National | Int'l | Sports | Columnists | The Arts | Tech | Travel | TV | Wheels




Search


  This site      Tips

  

  The Web Google

  





  Where to Find It


Breaking News
  Home Page

  Report on Business

  Sports

  Technology


Read and Win Contest


Print Edition
  Front Page

  Report on Business

  National

  International

  Sports

  Arts & Entertainment

  Editorials

  Columnists

  Headline Index

 Other Sections
  Appointments

  Births & Deaths

  Books

  Classifieds

  Comment

  Education

  Environment

  Facts & Arguments

  Focus

  Health

  Obituaries

  Real Estate

  Review

  Science

  Style

  Technology

  Travel

  Wheels

 Leisure
  Cartoon

  Crosswords

  Food & Dining

  Golf

  Horoscopes

  Movies

  Online Personals

  TV Listings/News

 Specials & Series
  All Reports...



Services
  Where to Find It
 A quick guide to what's available on the site

 Newspaper
  Advertise

  Corrections

  Customer Service

  Help & Contact Us

  Reprints

  Subscriptions

 Web Site
  Advertise

  E-Mail Newsletters

  Free Headlines

  Help & Contact Us

  Make Us Home

  Mobile New

  Press Room

  Privacy Policy

  Terms & Conditions


GiveLife.ca

    
Small Business - A Special Advertising Supplement sponsored by Scotiabank - Monday, October 22, 2001

SMEs 'resilient' in face of worry


Monday, October 22, 2001

As the war against terrorism continues, Canada's small-business owners are putting up a resilient front.

That's the finding of a survey conducted by the Canadian Federation of Independent Business in the days after the Sept. 11 terrorist attacks on the United States.

"We think the expression 'stubbornly optimistic' is kind of appropriate," federation president Catherine Swift says. "Small business is clearly showing quiet leadership by not expressing pessimism in these troubled times."

The CFIB survey found that 55 per cent of respondents expect their firms to perform "about the same, somewhat stronger or much stronger" for the rest of 2001.

But they seem to be even more optimistic in the longer term. Sixty-three per cent of respondents said they will feel that way about their businesses one year from now.

By comparison, 44 per cent see their firms performing "somewhat weaker or much weaker" for the rest of the year. Only 31 per cent hold that outlook for their businesses a year from now.

"These are encouraging readings," Swift says. "It is important to keep in mind that not only are small-business owners taking into account the recent acts of terrorism in the U.S., but also a sluggish economy that is always a damper on optimism."

The CFIB e-mailed the survey two weeks after the attacks to a portion of the 100,000 small and medium-sized business owners on its membership roll, and received a respectable 1,323 responses. The survey's findings can be considered statistically accurate to within plus or minus 2.7 percentage points 19 times out of 20.

When asked about jobs, 77 per cent of respondents said they either will keep their current employees or expand their staff. Only 18 per cent expect to let people go; 5 per cent said they don't know.

For more information, visit the Web site (http://www.cfib.ca).


7-Day Site Search
    

Breaking News



Today's Weather


Inside

Michael Posner
Ethnic laugh lines
Jeffrey Simpson
Health care: Do we know better than everyone else?

Paul Knox
The rise of anti-anti-Americanism




space

Editorial Cartoon




Click here for the Editorial Cartoon






Home | Business | National | Int'l | Sports | Columnists | The Arts | Tech | Travel | TV | Wheels
space

© 2003 Bell Globemedia Interactive Inc. All Rights Reserved.
Help & Contact Us | Back to the top of this page