The index is down 3 points from 67.7 to 64.4 when compared to last month. The national average sits at 69.3.
Andreea Bourgeois with the Canadian Federation of Independent Business tells CHSJ News 60 percent of business owners are concerned with tax and regulatory costs.
She says small business owners are looking ahead and they see another increase in the minimum wage which increases all employment costs.
She says possible tax increases as well as the dire state of the province's finances weighs heavily on the small business owner.
