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Can Quebec Businesses Remain Optimistic for Much Longer?

November 1, 2018
François Dupuis, Vice-President and Chief Economist
Mathieu D’Anjou, Deputy Chief Economist • Joëlle Noreau, Senior Economist

The business confidence indexes have been sitting at high levels for some years now. The uncertainty surrounding the renegotiation of the North American Free Trade Agreement (NAFTA) from 2017 to 2018 may have caused entrepreneurs to waver somewhat, but it did not cause their optimism to flag. What is this optimism based on? Can it continue for a long time to come? Everything dependson what is meant by “a long time.” A review of the factors likely to influence the good or bad luck of Quebec companies will help to see things a little clearer and a little further down the road.

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