Small-business investment increased in most parts of Canada in the first quarter, with the exception of two of the country's most oil-sensitive provinces, as firms adjusted to the fallout of lower crude prices, data from PayNet showed on Thursday. PayNet, which tracks commercial financing for millions of small and medium-sized businesses in North America, said a shift in the economy is underway, as regions less reliant on oil production make a greater contribution to growth. The regional breakdown, which was prepared exclusively for Reuters, showed that Alberta and Saskatchewan together were the only part of Canada to see a decrease, with investment falling by an average 1 percent in the first quarter compared with the fourth quarter of last year.
Canadian small-business investment shows shift in economy: PayNet source: http://finance.yahoo.com/news/canadian-small-business-investment-shows-093045500.html
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