Canadian small and medium-sized business confidence rebounds from low point, worst period may be over.

The confidence index of the Canadian Federation of Independent Business rose to 50.9 in July. The index had fallen to a historic low of 25.5 in March due to increased uncertainty related to tariffs, but has now shown a significant rebound, indicating that most business owners expect sales to increase in the next 12 months. Overall, the report suggests that small businesses believe that the worst period of uncertainty caused by tariffs may be over.