Toronto, November 12, 2013
The Canadian Federation of Independent Business (CFIB) has opened nominations for its third annual Golden Scissors Award. This award recognizes individuals or teams of people who have demonstrated leadership and produced real results in cutting red tape for small businesses.
Charlottetown, October 31, 2013
Charlottetown, 31 October 2013– Prince Edward Island’s small business optimism stabilized in October, but it remains near five-year low levels. At 49.0, the Business Barometer index is by far the lowest reading of any of the provinces. The 35 per cent of business owners who say their businesses are doing well is an improvement from recent months, but short term hiring plans are very weak.
Charlottetown, October 23, 2013
Charlottetown, October 23, 2013 – Prince Edward Island ranks in the middle of the pack when it comes to small business-friendly tax systems, but there are significant areas for improvement, according to an updated report by the Canadian Federation of Independent Business (CFIB).
Toronto/Montréal, October 18, 2013
CFIB applauds the federal government for finalizing a free trade agreement with the European Union. Canadian small business owners have supported trade arrangements that can open new markets for Canadian goods and services and help Canadian small businesses to grow.
Charlottetown, October 17, 2013
Charlottetown, October 17, 2013 –Erin McGrath-Gaudet, CFIB’s director of provincial affairs for PEI, met today with Finance Minister Wes Sheridan for clarification on some of the main tenets of the proposal for reforming public sector pensions and to evaluate its merits.
Toronto/Montréal, October 3, 2013
In response to recent reports that PEI Finance Minister Wes Sheridan has made a specific proposal to other finance ministers on hikes to Canada Pension Plan/Quebec Pension Plan (CPP/QPP) benefits and premiums, the Canadian Federation of Independent Business (CFIB) is available for comment.
Charlottetown, September 26, 2013
Charlottetown, 26 September 2013– Prince Edward Island’s small business optimism has resumed its trending decline observed since 2010. At 47.6 in September, the Business Barometer index is by far the lowest reading of any of the provinces. The 28 per cent of business owners who say their businesses are doing well are identically matched by the 28 per cent who say their firms are performing poorly. Short-term hiring expectations show the same cancelling effect.
Charlottetown, August 29, 2013
Prince Edward Island’s small business optimism has stopped its recent decline, but it remains very low relative to other provinces. PEI's Business Barometer Index, published monthly by the Canadian Federation of Independent Business (CFIB), stands at an even 50 this month--about five points below winter 2013 levels and more than 15 points below the current national average.
Charlottetown, July 25, 2013
Charlottetown, 25 July 2013– Prince Edward Island’s optimism has dropped even further to reach 49.2 in July 2013, approaching last year's bottom of mid-forties registered at the end of the summer. The Island maintains the title of having the least optimistic businesses in the country.
| ||Toronto/Montréal, July 23, 2013 CFIB is disappointed the Competition Tribunal ruled against the case put forward by the Competition Bureau on Visa and MasterCard practices. Small businesses were hoping the case would be successful and provide merchants new powers to push back against rapidly rising fees imposed by Visa and MasterCard to process credit cards.|Charlottetown, June 27, 2013
Prince Edward Island’s optimism has dropped further out of growth territory to 53.3 in June 2013, down from 55.6 in May. The Island is stuck in neutral and virtually tied for the least optimistic province in the country with its neighboring Nova Scotia.
Charlottetown, June 18, 2013
Provincial public employees who retire early are eligible to collect a “bridge benefit” (a temporary income top-up that ends when a retired public servant reaches the age of 65), of $8,154 a year, according to a new study, The Case for Ending Early Retirement in the Public Sector, from the Canadian Federation of Independent Business (CFIB).
Vancouver/Montréal, May 29, 2013
With municipal leaders from across the country gathering in Vancouver for the annual FCM conference, CFIB is calling on them to take action on municipal overspending. CFIB released a report showing that spending has grown more than three times the rate of population over the past 12 years in Canada’s three largest cities – Toronto, Montreal and Vancouver – and in Canadian municipalities overall.
Toronto/Montréal, May 16, 2013
The percentage of unfilled private sector jobs remained steady at 2.5% in the first quarter of 2013, representing approximately 295,000 full- and part-time jobs, according to data compiled by the Canadian Federation of Independent Business (CFIB).
Charlottetown, May 1, 2013
Charlottetown, May 1, 2013 – Increasing Canada Pension Plan (CPP) and Quebec Pension Plan (QPP) benefits would hurt the Canadian economy and result in significant job losses, according to a new report from the Canadian Federation of Independent Business (CFIB). In June, the nation’s finance ministers will discuss increasing CPP and QPP. One option being considered would cost employees up to $1,100 more per year, bring employment growth to a halt and force wages down 1.5%.
Charlottetown, February 1, 2013
Prince Edward Island small business owners started 2013 with a solid boost of optimism. CFIB’S Business Barometer index jumped four points to 58.3 in January - close to the levels seen in late Spring and Summer 2012. However, PEI is still trailing well behind the rest of the provinces.
Toronto/Montréal, January 25, 2013
With Canada’s fourth annual Red Tape Awareness Week™ drawing to a close, the Canadian Federation of Independent Business (CFIB) has awarded its Golden Scissors Award to the Hon. Gail Shea, Canada’s Minister of National Revenue.
| ||Toronto/Montréal, January 24, 2013 Surveys about surveys, late fees for on-time payments and application overkill. If it makes absolutely no sense, then it must be red tape. Today, as part of Canada’s Red Tape Awareness Week, the Canadian Federation of Independent Business (CFIB) released its real-life stories of ridiculous government rules from across the country.|Ottawa/Regina, January 24, 2013
CFIB is putting a spotlight on the negative impact red tape has on Canada’s farmers. Most businesses cite red tape as their second highest concern behind total tax burden, but recent CFIB data puts red tape at the top of the list of farmers’ concerns (79%). Farmers are also the most likely to say the burden of red tape has grown: 72% report the burden has increased over the past 3 years, compared to 55% among all other sectors.
Ottawa/Toronto, January 23, 2013
The Canada Revenue Agency’s (CRA) Call Centre Business Helpline received a lacklustre grade of C minus from CFIB.
Toronto/Montréal, January 22, 2013
The federal government has earned a grade of B+ in reforming the regulatory burden on small business according to the yearly Red Tape Report Card.
Charlottetown, January 22, 2013
The province of Prince Edward Island has earned a grade of D- in reforming the regulatory burden on small business according to the yearly Red Tape Report Card that was issued today by CFIB as part of its fourth annual Red Tape Awareness Week™. PEI received a grade of F last year.
Toronto/Montréal, January 21, 2013
Most businesses in Canada pay more per employee than their counterparts in the U.S. to comply with regulatory requirements, according to a report issued by CFIB. The report, launched to kick off Canada’s 4th annual Red Tape Awareness WeekTM, updates the total cost of regulation to Canadian businesses, and provides a first-ever direct comparison of these costs to those faced by U.S. businesses. The U.S. comparison was sponsored by KPMG Enterprise.
Toronto/Montréal, January 18, 2013
With only a few days left until the start of Canada’s fourth annual Red Tape Awareness Week (Jan 21-25), the Canadian Federation of Independent Business (CFIB) has announced the finalists for its second Golden Scissors Award. The Award recognizes an individual who has successfully motivated or demonstrated leadership and courage, and produced meaningful and positive results in cutting red tape for small business.