The Canadian Finance and Leasing Association (CFLA) released the results of its Q1/23 and Q2/23 Industry Business Confidence Survey. Individual sentiment on most responses improved from the previous Q3/22 and Q4/23 survey, though sentiment is still lower than the historical average.
“I’m pleased to see more optimism in the market amidst predictions of a looming recession,” Michael Rothe, president and CEO of the CFLA, said. “I know we still have some difficult economic headwinds coming our way, but I’m confident our industry will continue innovating and working hard to help Canadian businesses prosper.”
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