Media Centre

 

Business Barometer®: small biz confidence stuck in low gear in June

Toronto/Montréal, June 25, 2015 – Canada’s small business confidence continued to sputter in June, as CFIB’s Business Barometer® Index slipped a full point this month to 59.4. Although the index is still near the six-year low it reached this past February, the survey results suggest we are probably seeing its lower limit.

CFIB supports Private Member’s Bill to ease business succession planning

Toronto/Montréal, June 11, 2015 – A new private member’s bill promises to address a significant 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.

Win $500 for showing your #SmallBizLove

Toronto/Montréal, June 10, 2015 – Starting today, the Canadian Federation of Independent Business (CFIB) and Interac are giving Canadians the chance to show their favourite small businesses some love, and win a $500 shopping spree, through the #SmallBizLove contest.

New internal free trade needed to remove provincial barriers

Toronto/Montréal, June 8, 2015 – CFIB is urging federal and provincial trade ministers to push hard for a new internal trade deal that removes trade barriers within Canada.

City employees make $6.43/hr more than the private sector

Toronto/Montréal, June 4, 2015 – Municipal government workers across Canada are making $6.43 more per hour on average in wages and benefits than their private sector counterparts – a gap of 22 per cent - according to the latest report from the Canadian Federation of Independent Business (CFIB).

Business Barometer®: small biz confidence remains cool in May

Toronto/Montréal, May 28, 2015 – Summer may be just around the corner, but there is still a chill in the air for Canada’s small businesses. CFIB’s Business Barometer® Index remained virtually unchanged from last month, creeping up only a tenth of a point to a cool 60.6.

CFIB and Chase Paymentech deliver credit card savings for small business

Toronto/Montréal, May 8, 2015 – Chase Paymentech and CFIB announced a new agreement that provides preferred pricing to small businesses in an exclusive offering for CFIB members that builds on recent rate cuts from Visa and MasterCard.

Business Barometer®: small biz confidence slips in April

Toronto/Montréal, April 30, 2015 – April showers were not the only thing putting a damper on Canadians’ mood this month. There was a slight but broadly based drop in small business confidence levels, as measured by CFIB’s Business Barometer® Index, with seven of 10 provinces reporting a decline, shaving a point off the national index to 60.5.

Ontario budget 2015: Job-killing pension tax threatens small business

Toronto, April 23, 2015 – The Canadian Federation of Independent Business (CFIB) is disappointed that the provincial government has ignored Ontario’s small businesses in the 2015 budget. Instead of using policy levers to stimulate job creation and growth in small and medium-sized firms, the province unfairly singles out independent business owners and their employees by continuing to move forward with a proposed payroll tax, disguised as a pension premium.
 

CFIB gives 2015 budget an “A”: Big tax cut for small business

Ottawa/Toronto/Montréal, April 21, 2015 – Small business owners are thrilled to see a small business-friendly budget, including an 18% reduction in the small business corporate tax rate.

Revamped Code of Conduct ensures Visa, MasterCard rate cuts will be passed on to small merchants

Toronto/Montréal, April 13, 2015 – As credit card fee reductions promised by Visa and MasterCard begin to take effect later this week, Canadian Federation of Independent Business (CFIB) president Dan Kelly joined Finance Minister Joe Oliver at the Arts Market in Toronto today to announce new rules that will make sure small businesses see the promised savings.

82 per cent of small businesses support balanced budget law

Toronto/Montréal, April 8, 2015 – TORONTO, April 8, 2015 – Small businesses are strong supporters of balanced budget legislation and commend Finance Minister Joe Oliver on his announcement today at the Economic Club of Canada.

Feds should allow all TFWs in Canada to stay

Toronto, April 1, 2015 – With thousands of Temporary Foreign Workers (TFWs) about to be forced to leave Canada before their permanent residency applications are fully processed, the Canadian Federation of Independent Business (CFIB) again urged the federal government to offer additional flexibility. This is in response to an April 1st deadline that will mark the beginning of a long process to force Temporary Foreign Workers to leave the country.

Business Barometer®: confidence rebounds in March

Toronto/Montréal, March 26, 2015 – Small business confidence warmed slightly in March, rising about a point and a half over February’s Business Barometer®. March saw a sentiment of guarded optimism in the energy-producing provinces and rising optimism in British Columbia, Ontario, and Quebec, yet the overall national reading of 61.5 still reflected a mood of uncertainty.

Public sector workers earn more, work less

Toronto/Montréal, March 23, 2015 – If you work in the private sector, you’re making up to $8,150 less per year, and working up to six hours more each week, than someone doing the same job for the government. This is one of several key findings from CFIB’s latest Wage Watch report, pointing to a huge wage and benefits advantage for public sector workers over the rest of us.

Directory and invoice scams commonly hit small businesses: CFIB

March 9, 2015 – During Fraud Prevention Month, the Canadian Federation of Independent Business (CFIB) continues to raise awareness about the types of scams and fraud that commonly hit small businesses around the region.

Credit Card Fraud: CFIB warns merchants

March 3, 2015 – March is Fraud Prevention Month in Canada and the Canadian Federation of Independent Business (CFIB) is issuing a warning to merchants following a surge in credit card fraud being reported in the region.

Business Barometer®: Smallbiz confidence cools in February

Toronto/Montréal, February 26, 2015 – Small business confidence mirrored the frosty weather in February, dropping more than four points from last month to reach its lowest level since mid-2009. February’s Business Barometer included some warmer signs coming from Atlantic Canada and healthy optimism in British Columbia, yet the overall national reading of 59.1 was decidedly chilly.

Nova Scotia business optimism rebounds for second straight month

February 26, 2015 – Following a strong January, Nova Scotia’s Business Barometer™ index rose another three points or so in February, finishing the month off at 67.7. In contrast to trailing most provinces through much of 2014, Nova Scotia is in the top three behind only Prince Edward Island and British Columbia.

TransLink suffers huge credibility gap with small biz

Vancouver, February 23, 2015 – The Canadian Federation of Independent Business (CFIB) today released a second batch of results from a survey of business owners in the Metro Vancouver about the proposal by the Mayor’s Council to add a half point to the PST in the region to fund additional transportation spending by TransLink.

CFIB partners with leading Chinese-Canadian business group

Toronto, February 19, 2015 – The Canadian Federation of Independent Business (CFIB) rang in the Chinese New Year today by signing a key partnership agreement with a leading association of Chinese-Canadian entrepreneurs.

Small business weighs in on federal budget

February 17, 2015 – The Canadian Federation of Independent Business (CFIB) released its pre-budget submission today, outlining specific measures that will allow Canadian small- and medium-sized businesses to thrive in a time of economic uncertainty.

Business Barometer: Small biz optimism up but uncertain

Toronto, January 29, 2015 – Small business confidence seemed to bounce back in January, but national gains were based on increases in only three of ten provinces, according to the Canadian Federation of Independent Business (CFIB). January’s Business Barometer® reading rose about a point and a half to 63.5, after bottoming out in December.

CRA Minister wins Golden Scissors Award for cutting red tape

January 23, 2015 – To wrap up Red Tape Awareness WeekTM, CFIB announced that the Hon. Kerry-Lynne Findlay, Minister of National Revenue, is the winner of the 2015 Golden Scissors Award, for a simple change to tax policy that will allow small businesses to file their payroll taxes less often.

Small businesses give the CRA a “C” for performance

Toronto/Montréal, January 22, 2015 – The Canada Revenue Agency (CRA) is getting better, but most small business owners don’t know about it, according to the latest CRA Report Card released today by the Canadian Federation of Independent Business (CFIB). The majority of small business owners and tax practitioners surveyed support recent changes at the agency, but still give the CRA a “C” grade.

Regulation costs Canadian businesses $37 billion a year

January 21, 2015 – Canada’s Red Tape Report, issued on day three of Red Tape Awareness WeekTM, revealed that the total cost of regulation to Canadian businesses has grown to $37.1 billion, up from $31.7 billion in 2012. In terms of time, businesses spent an average of 842 hours a year complying with government rules and paperwork in 2014. That figure was up 12 per cent from 2012.

Canadian farmers burnt out by government red tape

Toronto/Montréal, January 21, 2015 – Farmers are burnt out by excessive government regulations, confusing forms and bad customer service. These and other findings were released today by the Canadian Federation of Independent Business (CFIB), which also found that one-third of agri-business owners would not advise their children to start a business given the burden of government red tape.

Red tape grades a mixed bag

Toronto/Montréal, January 20, 2015 – On day two of Red Tape Awareness WeekTM, the Canadian Federation of Independent Business (CFIB) issued its annual report card, grading the provinces, territories and federal government on their commitment to red tape accountability. The report card looks at measurement, public reporting and political leadership.

King of the CASL: CRTC Chairman shares Paperweight crown

Toronto/Montréal, January 19, 2015 – To kick-off Red Tape Awareness Week, the Canadian Federation of Independent Business (CFIB) announced the winners for its annual Paperweight Award, citing the most egregious examples of government red tape on small businesses.

Red Tape Awareness Week – Government announcements

January 19, 2015
Red tape awareness is great, but ultimately only government, at the federal, provincial and local level, can reduce the red tape burden and free the entrepreneur.

CFIB announces Golden Scissors Award finalists

January 16, 2015
In the lead-up to Red Tape Awareness WeekTM (January 19–23), the Canadian Federation of Independent Business (CFIB) has announced the finalists for its annual Golden Scissors Award.

CFIB announces Paperweight Award finalists

January 15, 2015
In the lead-up to Red Tape Awareness WeekTM (January 19–23), the Canadian Federation of Independent Business (CFIB) has announced the finalists for its annual Paperweight Award.

Red Tape Awareness Week

January 14, 2015
The rules and paperwork that governments impose on small businesses cost billions of dollars annually. Now in its sixth year, Canada’s Red Tape Awareness WeekTM (January 19-23) will reveal whether things are getting better or worse for the entrepreneur.
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