Winnipeg, April 11, 2017 – The Canadian Federation of Independent Business (CFIB) will be at the Manitoba Legislative Building this afternoon to offer small business’ reaction to the 2017 Manitoba Budget. CFIB’s Director of Provincial Affairs, Jonathan Alward will be available in the rotunda immediately after the budget is tabled.
CFIB met with Finance Minister Cameron Friesen in January, 2017 to discuss small business priorities for the 2017 Manitoba Budget. In February, 2017, CFIB met separately with members of the New Democratic and Liberal parties to outline key priorities on behalf of CFIB’s 4,800 Manitoba small- and medium-sized business members.
CFIB’s Top 2017 Pre-budget recommendations include:
Fix the Fiscal Fundamentals:
- Limit short-term spending increases to no more than 1 per cent per year;
- Limit long-term spending increases to inflation and population growth after the budget is balanced;
Create a Competitive Tax Environment:
- Honour election commitment to increase the small business corporate tax threshold to $500,000;
- Raise the Manitoba payroll tax exemption and index it to inflation.
Continue Reducing Red Tape:
- Introduce a Taxpayer Fairness and Service Code.
“While small business optimism has recently improved in Manitoba, the government must continue addressing Manitoba’s outstanding competitive challenges. Hiring intentions remain weak with just 10 per cent of Manitoba small businesses planning to increase full-time employment in the next 3-4 months (21% nationally), so entrepreneurs are looking to the 2017 budget for strong signals the government is listening to their concerns,” said Alward.
View CFIB’s pre-budget submission, Building toward Canada’s ‘most improved province.’
To arrange an interview with Jonathan Alward, please call 1-888-234-2232 or 204-982-0817 or email [email protected] . You can also follow CFIB Manitoba on Twitter @cfibMB.
CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members (4,800 members in Manitoba) across every sector and region.