(Reuters) – U.S. small business optimism edged up in February amid signs of tightening labor market conditions, bolstering the view that a recent slowdown in economic activity will be temporary. The National Federation of Independent Business said on Tuesday its Small Business Optimism Index gained 0.1 point to 98 last month, the third highest reading since early 2007.
(The Globe and Mail) A new forecast suggests Canada is in for two years of just moderate economic growth amid the oil shock. Bank of Nova Scotia projects the economy will eke out average growth of 1.9 per cent this year and 2 per cent in 2016, lagging countries such as the United States, Britain and Mexico, but faring much better than the big European economies.
The forecasts released late yesterday, however, show a widening gap between economic growth in Canada and the United States. And where the Canadian provinces are concerned, of course, there’s a complete change of fortunes. Alberta, the heart of the energy sector and Canada’s economic leader of late, is projected to see growth of just 0.6 per cent this year and 1.6 per cent in 2016.
As ‘boomer’ business owners approach their 60’s, thoughts often turn from an ‘achievement’ mindset to one of ‘quality of life’ values and concerns. It becomes a time of reflection; a time to sort out life’s purpose and values; and to determine when enough is enough.
John got a call from one of his biggest customers. They had been in the process of putting together a large order that John thought would be his most important piece of business for the year. It was a fair deal – both sides would benefit.
The customer was calling to advise that they were not going to proceed with the order. John was stunned. Almost too surprised to even ask “Why”? What he heard surprised him even further!