It's December 1st. Christmas is coming and it seems to me local people are excited about this. Decorations are up in restaurants and shops, the Christmas music is playing and then I see this:
"Sask small business optimism remains low in November; almost 1 in 4 businesses planning layoffs"
This is from the Canadian Federation of Independent Business. They say small business owners' optimism is well below the national average. They also reveal 23% are planning layoffs and only 10% plan to hire more staff in the next three months.
Only 29% of Saskatchewan businesses say their overall state of business is good. That number is 42% nationally.
They blame a number of things for their lack of optimism including tax, regulatory, insurance and wage costs AND "insufficient domestic demand".
It seems to me there's only one way to fix this. Let's go shopping!