Media Centre

 

Business Barometer®: steady and unspectacular in September

Toronto/Montréal, September 27, 2016 – After a slight uptick in August, optimism among Canada’s small business owners dropped ever-so-slightly in September, with the national Business Barometer® index down by a point to settle at 59.0.
 

Early signs show agreement for lower credit card fees is working

September 14, 2016 – Canada’s small business community is pleased to see preliminary evidence that credit card fee reductions introduced by the big two credit card providers in 2015 are being reflected in the “swipe fees” charged to merchants. CFIB appreciates the efforts made by Visa and MasterCard in working with the small business community and the federal government towards greater fairness in the payments industry.

New report on EI: Small business strongly supports reinstating youth hiring incentive

September 13, 2016 – With a government review of Employment Insurance (EI) service quality underway and EI premium rates for 2017 being announced this week, CFIB’s latest report on EI offers guidance to policymakers as they consider changes to the system.

Canadians misinformed on CPP expansion deal; oppose plan if it affects wages

Toronto/Montréal, September 7, 2016 – A new Ipsos poll reveals that most Canadians don’t know how the Canada Pension Plan (CPP) works or what CPP expansion will mean. When presented with some of the probable effects on wages as a result of the expansion, 70% of employed Canadians said they would oppose the hike.

Canada Post deal provides short-term relief for small business; fixes nothing

August 31, 2016 – Averting a postal service disruption is a relief for Canada’s small businesses, but the tentative deal between Canada Post and its largest union fails to address the fundamental problems affecting the corporation and its customers: unsustainable pensions that continue to push costs up.

Job vacancy rate holds steady in Q2

Toronto/Montréal, August 30, 2016 – Canada’s job vacancy rate held constant at 2.4 per cent in the second quarter of 2016, according to the latest Help Wanted report from the Canadian Federation of Independent Business.

Small businesses preparing for Canada Post service disruption

August 26, 2016 – With Canada Post’s biggest union giving 72-hour notice of a strike but negotiations ongoing, the Canadian Federation of Independent Business (CFIB) is calling for a speedy resolution to keep the mail moving.

Small business confidence rebounds in August

August 22, 2016
After a slight dip in July, optimism among Canada’s small business owners bounced back in August with the national Business Barometer® index rising by more than two points to reach 59.8.

RBC, CIBC losing grip on small business market

Toronto/Montréal, August 22, 2016 – As Canada’s big banks release their quarterly financial results, new data from the Canadian Federation of Independent Business (CFIB) shows significant shifts in which banks Canada’s small- and medium-sized firms are using.

CPP increase not so “modest” according to small business

Toronto/Montréal, August 11, 2016 – The proposed Canada Pension Plan (CPP) increase may be pitched as “modest”, but small business owners are saying it’s anything but, according to the latest data from the Canadian Federation of Independent Business (CFIB).

Business Barometer®: Small business confidence cools in July

Toronto/Montréal, July 28, 2016 – After hitting a high water mark in June, optimism among Canada’s small business owners came back to earth in July, with the national Business Barometer® index dipping by more than two points to settle at 57.6.

Council of the “new and improved” federation: Premiers agree on trade

July 22, 2016 – Small business applauds premiers’ decision today to create a stronger economic union. The new framework for internal trade in Canada is a vast improvement over the existing Agreement on Internal Trade (AIT).

CFIB available to comment on Council of the Federation meeting

July 20, 2016
Senior officials from the Canadian Federation of Independent Business (CFIB) will be available to comment on various important issues being discussed by Canada’s premiers this week at the Council of the Federation meeting in Whitehorse.
 

BC consulting on CPP – Other provinces should too

July 15, 2016 – With British Columbia today launching a public consultation on CPP expansion, and Quebec planning a consultation on QPP in the fall, CFIB is encouraging other provinces to take the opportunity to consult.

New small business data on CPP: expansion without consultation “irresponsible”

Toronto/Montréal, July 6, 2016 – With a July 15th deadline looming for provincial leaders to commit Canadians to a lifetime of increased CPP, eight in 10 small business owners are calling on governments to delay a final agreement in favour of consulting with Canadians and conducting a full economic impact analysis according to a new Canadian Federation of Independent Business (CFIB) survey.

Canada Post lockout: work stoppages and unsustainable pension plans need to end

July 5, 2016 – With unionized Canada Post workers on a work-stoppage, the Canadian Federation of Independent Business (CFIB) is encouraging the postal service to find a solution to their growing pension problem and urging the sides to reach a quick settlement before any mail disruption.

Business Barometer®: small business confidence hits highest mark in over a year

Toronto/Montréal, June 30, 2016 – Canada’s small business confidence rebounded two points in June to reach 60.0, its highest mark in just over a year.

CFIB files Freedom of Information requests across Canada on CPP deal

Toronto/Montréal, June 29, 2016 – Did any government do an economic impact analysis before signing on to the CPP agreement in principle? That’s the question the Canadian Federation of Independent Business (CFIB) seeks to answer, after filing Freedom of Information (FOI) requests with all eight provinces that signed the agreement, as well as the federal government this morning.

Red tape at the border key small business issue ahead of Obama, Nieto visit

Toronto/Montréal, June 29, 2016 – With free trade at the top of the agenda for the Three Amigos Summit in Ottawa this week, the Canadian Federation of Independent Business (CFIB) is encouraging Prime Minister Trudeau to focus on reducing red tape at the border.

Exempting online US retailers from Canadian taxes and duties would hurt, not help local SMEs

Toronto/Montréal, June 23, 2016 – Raising the de minimis threshold – the maximum price an imported product can be worth before being subject to sales taxes or duties – would hurt Canadian small retailers and put them at a strong competitive disadvantage, according to the Canadian Federation of Independent Business (CFIB).

Wage, hours, job losses loom as governments move forward with CPP hike

June 20, 2016 – Canada’s finance ministers decided to hit small business owners with another tax today, with an agreement in principle to expand the Canada Pension Plan (CPP), a devastating move for Canadian workers and the economy in general.

CFIB available to provide small business reaction to finance ministers’ meeting on CPP/QPP

Toronto/Montréal, June 20, 2016 – Senior representatives from the Canadian Federation of Independent Business (CFIB) will be available to comment on today’s finance ministers’ meeting, providing small business reaction to any decision reached on Canada Pension Plan / Quebec Pension Plan (CPP/QPP) expansion.

90,000 small business owners tell finance ministers: no new CPP/QPP /ORPP pension taxes!

Toronto/Montréal, June 16, 2016 – The Canadian Federation of Independent Business (CFIB) has collected more than 50,000 petitions from small business owners opposed to Canada Pension Plan (CPP)/Quebec Pension Plan (QPP) premium hikes being debated at next week’s finance ministers’ meeting in Vancouver. A further 40,000 petitions have been collected in opposition to the Ontario Retirement Pension Plan (ORPP).

CFIB helps re-establish non-partisan Entrepreneur Caucus

Montréal, June 14, 2016 – The Canadian Federation of Independent Business (CFIB) is thrilled to join members from all three major political parties as they bring back the Entrepreneur Caucus.

CFIB pushes senate to reconsider small business tax rate freeze

Toronto/Montréal, June 7, 2016 – Canada’s small businesses drive the nation’s economy. That was the key message delivered this morning by Canadian Federation of Independent Business (CFIB) director of national affairs Monique Moreau in a presentation to the Senate Committee on National Finance.

Job vacancy rate sees third consecutive decline in Q1

Toronto/Montréal, June 7, 2016 – The national private sector job vacancy rate declined for the third straight quarter, dropping to 2.4 per cent in the first quarter of 2016, according to the Canadian Federation of Independent Business’s (CFIB) latest Help Wanted report. The 2.4 per cent vacancy rate among full time and temporary jobs accounts for roughly 301,000 positions across Canada.

CFIB’s Dan Kelly in Brussels talking up EU trade opportunities for small business

Toronto/Montréal, May 31, 2016 – Canadian Federation of Independent Business (CFIB) president Dan Kelly is in Brussels promoting small business opportunities between Canada and the European Union within the Comprehensive Economic and Trade Agreement (CETA).

Small business confidence dips in May

Toronto/Montréal, May 26, 2016 – The weather may be starting to warm up, but small business confidence remains cool with May seeing a one-point drop in the Canadian Federation of Independent Business’s (CFIB) Business Barometer® to 58.2.

CFIB proposes path to permanent residency to replace Temporary Foreign Worker Program

Toronto/Montréal, May 18, 2016 – The Canadian dream shouldn’t require a PhD – it’s time to replace the Temporary Foreign Worker Program (TFWP). The Canadian Federation of Independent Business (CFIB) is proposing an Introduction to Canada Visa that provides a pathway to permanent residency for workers in entry-level categories.
 

CFIB backs NDP Bill to allow small businesses to be passed on to next generation

May 17, 2016 – – A new private member’s bill promises to address a significant and costly flaw in Canada’s succession planning rules and would save Canadian small business owners hundreds of thousands of dollars when transferring their business to a family member.

CFIB’s Corinne Pohlmann presenting to committee on Temporary Foreign Worker Program

Toronto/Montréal, May 17, 2016 – Canadian Federation of Independent Business (CFIB) senior vice president, national affairs and partnerships, Corinne Pohlmann, will be presenting to the Standing Committee on Human Resources, Skills and Social Development and the Status of Persons with Disabilities in Ottawa on Wednesday between 3:30pm and 4:30pm.

Storage facilities, campgrounds punished for being too small

May 12, 2016 – Hundreds of Canadian self-storage facilities and campgrounds are receiving massive bills from the Canada Revenue Agency (CRA), according to a letter from the Canadian Federation of Independent Business (CFIB) to CRA and the Department of Finance, sent this week.

CFIB seeks relief for small business to jumpstart Canadian economy

May 12, 2016 – Canadian Federation of Independent Business (CFIB) president Dan Kelly presented to the Standing Committee on Finance this morning, noting it is crucial that we provide small businesses with every opportunity to succeed.

Freezing small business tax rate will send chill through Canadian economy

Toronto/Montréal, May 10, 2016 – The Canadian Federation of Independent Business (CFIB) is calling on the federal government to reinstate their promised small business tax cut after a Parliamentary Budget Office (PBO) report found that freezing the rate will cost the economy $300 million per year, and will cost small business a whole lot more.

Canada’s small business owners are four times more likely to be low income than rich

May 2, 2016 – Just like Canadian workers, the vast majority of Canada’s small business owners are firmly entrenched in the middle class, according to the latest small business profile from the Canadian Federation of Independent Business (CFIB).

Small business confidence hits 10-month high

Toronto/Montréal, April 28, 2016 – Canada’s small business confidence rebounded nearly seven points in April, climbing to 59.2, its highest mark since last June.

United States interested in Canada’s red tape lessons

Vancouver/Toronto, April 20, 2016 – CFIB invited to Washington to share success in encouraging governments to cut red tape

Time to reform municipal sick day policies

Toronto/Montréal, April 14, 2016 – A new report from the Canadian Federation of Independent Business (CFIB) shows some big-city sick day policies are costly and unfair as municipal government employees can bank unused sick days while most private sector employees cannot.

Sluggish job market in the prairies sees job vacancy rate decline in Q4

Toronto/Montréal, April 7, 2016 – The national private sector job vacancy declined 0.1 per cent in the fourth quarter of 2015 according to the Canadian Federation of Independent Business’s (CFIB) latest Help Wanted report. The 2.5 per cent vacancy rate among full time, part time and temporary positions, accounts for roughly 316,000 positions across Canada.

Record provincial lows reduce small business confidence to recession-era levels

Toronto/Montréal, March 31, 2016 – Canada’s small business confidence continued its downward track in March, dropping 2.4 points to 52.3, its lowest level since March 2009.

2016 budget breaks election promise to small business

March 22, 2016 – The Canadian Federation of Independent Business (CFIB) is deeply troubled that the federal government broke an election commitment to middle class small business owners across the country.

CFIB available to provide small business reaction to 2016 Federal Budget

Toronto/Quebec City, March 21, 2016 – Senior representatives from the Canadian Federation of Independent Business (CFIB) will be in Ottawa tomorrow to provide the small business reaction to the 2016 federal budget. CFIB president Dan Kelly and national French spokesperson (and senior vice-president for Quebec) Martine Hébert will be available immediately after the budget is tabled at 4pm (EST).

Fraud cost small businesses $6,200 last year

Toronto/Montréal, March 17, 2016 – Fraud is a major threat to the Canadian small business community, hitting victimized small businesses an average of $6,200 in financial costs in the past year, according to a groundbreaking new Canadian Federation of independent Business (CFIB) report.

Four in 10 small businesses don’t report fraud

Toronto, March 9, 2016 – Forty-four per cent of small business owners who were defrauded in the past year did not report it, according to the latest research from the Canadian Federation of Independent Business (CFIB).

Stop paying government workers to retire early

March 3, 2016 – The Canadian Federation of Independent Business (CFIB) is calling for an end to the unfair and costly “bridge benefit” perk – a little known incentive for government workers who retire early.

Fraud hits one in five small businesses

Toronto/Montréal, March 2, 2016 – Fraudsters have scammed 20 per cent of Canadian small businesses in the past year. This alarming finding is contained in a first-of-its-kind report by the Canadian Federation of Independent Business (CFIB).

Oil-producing provinces weighing down small business confidence

Toronto/Montréal, February 25, 2016 – Small business confidence remained virtually unchanged in February, posting a 0.3 point gain to 54.7, remaining ten points below the level associated with normal economic growth.

Seven ways Canada’s federal budget can help small businesses create jobs: CFIB presents to finance committee

Toronto/Montréal, February 16, 2016 – The Canadian Federation of Independent Business (CFIB) is presenting its pre-budget submission to the standing committee on finance today, outlining key measures that will help Canada’s small business community navigate a difficult economy in 2016.

Payworks Strengthens Partnership with CFIB

Toronto/Montréal, February 1, 2016 – Canadian-owned Payworks is proud to announce it has renewed its partnership with the Canadian Federation of Independent Business (CFIB) to offer CFIB members across Canada exclusive discounted pricing on payroll services. Payworks has been a member of CFIB’s Privilege Programs group of partners since October 2012.

Falling dollar, oil prices, send business confidence to post-recession low

Toronto/Montréal, January 28, 2016 – A free-falling dollar and the decline of oil have driven Canadian small business confidence levels to new post-recession lows in January as the national Business Barometer® Index dropped to 54.3, about 10 points below the level associated with normal economic growth.

Quebec ministers win national Golden Scissors Award for cutting red tape on small businesses

Toronto/Montréal, January 22, 2016 – To close out Red Tape Awareness Week™, the Canadian Federation of Independent Business (CFIB) announced this morning that Quebec ministers Sam Hamad, and Jean-Denis Girard, are joint winners of the Golden Scissors award for leading and implementing measures to reduce red tape on small businesses.

Farmers continue to bear the brunt of red tape

Toronto/Montréal, January 21, 2016 – Government rules and paperwork continue to hit farmers even harder than other small business owners, according to survey data released today by the Canadian Federation of Independent Business (CFIB), on day four of Red Tape Awareness WeekTM.

Halifax ‘patio police’ win red tape crown for burdening small business

Toronto/Montréal, January 20, 2016 – On the third day of Red Tape Awareness Week™, the Canadian Federation of Independent Business (CFIB) announced the winners of its annual Paperweight Award, citing the worst examples of government agencies and departments at all levels that are holding back small businesses with misguided rules, hard-to-follow processes and bad customer service.

Canada’s red tape report card: Maritime Provinces leap forward

Toronto/Montréal, January 19, 2016 – On day two of Red Tape Awareness Week™, the Canadian Federation of Independent Business (CFIB) issued its annual red tape report card, grading the provinces and territories on their commitment to red tape accountability. The report card looks at measurement, public reporting and political leadership.

Red tape at Canada-US border discouraging small biz from trade

Toronto/Montréal, January 18, 2016 – – Red tape has one-third of Canadian small businesses thinking twice about trading across the U.S. border, according to a new report by the Canadian Federation of Independent Business (CFIB) on day one of Red Tape Awareness Week™.

CFIB reveals Canada-wide nominees for red tape reduction award

Toronto/Montréal, January 15, 2016 – In the lead-up to Red Tape Awareness Week™ (January 18-22), the Canadian Federation of Independent Business (CFIB) has announced the finalists for the Golden Scissors Award, which honours an elected official or others in government who have shown leadership and delivered meaningful results in cutting red tape for small business.

CFIB announces finalists for Canada’s worst red-tape stories

Toronto/Montréal, January 14, 2016 – In the lead-up to Red Tape Awareness Week™ (January 18-22), the Canadian Federation of Independent Business (CFIB) has announced the finalists for its Paperweight Award, which is given annually to government agencies and departments that are holding back small businesses with misguided rules, hard-to-follow processes and bad customer service.

Red Tape Awareness Week™ (January 18-22) to spotlight $11 billion impact of government red tape on small business

January 13, 2016 – Government red tape is an $11 billion hidden tax that affects small businesses much more than larger firms. Entering its seventh year, Canada’s Red Tape Awareness Week™ (January 18-22) will look at which governments are making progress and which are lagging when it comes to reducing unnecessary rules and paperwork on entrepreneurs.
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