Scotiabank finds Canadian small businesses stay focused on growth despite uncertainty
BNS•A Bond survey found 74% of surveyed Scotiabank small-business clients optimistic about their businesses’ next 12 months, while 62% were optimistic about Canada’s economy. Owners cited disciplined expansion and adopting AI and digital tools as priorities.
1. Business confidence and growth
A Bond survey found 74% of surveyed small-business clients optimistic about their businesses’ next 12 months, and 62% optimistic about Canada’s economy. Discussions with clients in August and September identified disciplined expansion through diversification and acquisitions as a key growth priority.
2. Efficiency investments
Business owners are adopting AI and digital tools to streamline operations, improve customer service and free time for strategic priorities.
