16-11-2015 11:02 via news.yahoo.com

Canada small business lending accelerates in September: PayNet

By Fergal Smith TORONTO (Reuters) - Commercial borrowing by small businesses in Canada accelerated in September, data from PayNet showed on Monday, in a sign that activity is shifting from big companies to small companies. PayNet's Canadian small business lending index rose to 142.0 from 131.8 in August. "We are seeing that the small businesses are becoming an engine of growth for the Canadian economy at a time when the big companies, some of them in the energy sector, are contracting," said Pay
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