Island business owners were a little more optimistic in April, according to the Canadian Federation of Independent Business (CFIB). PEI’s Business Barometer® Index rose to 62.2 last month, up from 57.9 in March.
CFIB recently released a groundbreaking comparative report of Workers’ Compensation Boards across Canada. In our analysis, we found both strengths and weaknesses in the PEI board. At a recent meeting with the legislative advisory committee for the Workers’ Compensation 2012 mandatory review, we delivered the message to the PEI board that small businesses want the board to improve upon its weaknesses while preserving its strengths.
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.
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.
