CFIB pre-budget survey reveals 72% support reduced spending; only 7% support tax hikes
We regularly meet with government and opposition parties to present your priorities, as well as discuss the key issues impacting your business. We recently met with the Sask Finance Minister Doherty to present Saskatchewan entrepreneurs’ views on how the provincial government should deal with its fiscal challenges and get its budget back to balance without jeopardizing our reputation as a business-friendly province.
We told the Minister that given the number of challenges Saskatchewan business owners are facing, the worst thing the provincial government could do is hike taxes or introduce new taxes to fund the province’s revenue shortfall. We fear tax hikes will only further erode business confidence. We also said a forecasted deficit of $806 million highlights the need for significant spending restraint.
Our recommendations are based on feedback we received from over 385 business owners who responded to CFIB’s 2017-18 Saskatchewan Budget survey.
CFIB's 2017-18 pre-budget recommendations: