Confidence among PEI businesses dropped again slightly in January, according to the latest survey data from the CFIB. PEI's Business Barometer Index was 57.8, a two point drop from last month and well below the national average of 65.2.
As part of CFIB's third annual Red Tape Awareness Week, we have released our report card which evaluates government efforts to reduce red tape for small business across Canada. PEI shares the shame for last place with a failing grade.
The finalists have been announced for CFIB's Golden Scissors Award, recognizing leadership in cutting red tape for small business.
PEI's Workers' Compensation Board receives a 6.9 out of 10 in CFIB's new groundbreaking research. In this unique comparative study of Workers' Compensation Boards across all Canadian jurisdictions, boards are reviewed and measured from the perspective of small businesses. To read more from a Prince Edward Island perspective, click here.
CFIB and our members spoke to the Island's political candidates about our priorities in the election. Now its time for policymakers to come through on those priorities for the benefit of the Island economy.