My business needs cost relief!

Payroll costs have increased by 256% in the last 5 years!

Provincial payroll costs for a BC business with 10 median wage workers1

Provincial payroll costs for a BC business with 10 median wage workers

1 CFIB’s own calculations based on Statistics Canada Table, BC government Employer Health Tax overview and WorkSafeBC 2023 premium rates

BC government fails at affordability for businesses2

Grade Affordability area
F Addressing affordability challenges (i.e., for small businesses and the rest of the public)
F Balancing the budget and paying down provincial debt
F Prioritizing community safety
D Addressing the rising cost of doing business
D Reducing red tape

2 Source: CFIB, BC Flash Survey - August, Preliminary results, August 29-Sept 7. n=366

Dear Premier David Eby

CC: My Member of Parliament

My business is far from a full recovery. You have already increased the costs to my business. I need additional tax and cost relief to survive.

Here is what my business needs to recover:

  • Do not increase the number of paid sick days and provide government support
  • Increase the Employer Health Tax threshold
  • Refund WorkSafeBC’s $2.5 billion surplus
  • Reduce the small businesses tax rate, increase the deduction threshold, and index this threshold to inflation
  • Provide gas/energy cost relief (i.e. provincial fuel tax reduction)
  • PST exemptions on input costs
  • Revenue loss compensation for businesses impacted by construction projects
  • Provide property tax relief (i.e. reduce the school tax)