Business confidence is one of the key variables we consider as part of our macroeconomic model. Obviously, there's the confidence that both external entrepreneurs and CEOs have. Perhaps more importantly is the confidence that individual Canadians have to step up and start a small business. Those who have a small business can take the next step to borrow additional money, make investments and hire people. That's a critical factor that we pay a lot of attention to in terms of economic growth.
