SKY HIGH COSTS ARE CRUSHING MY BUSINESS!

Government needs to reduce the cost of doing business in Canada!

QPP

From 2019 to 2023, the maximum QPP contribution payable increased by up to $1,047 per employee!

*Amounts are doubled for self-employed

EI

EI revenues will increase by $1.4 Billion from 2023 to 2024. Since 2019, the maximum EI contribution has increased by more than $150 per employee!

Labour & Insurance Costs

Labour costs are up 18%1 from 2019 to 2023 (August).

Insurance cost concerns have increased 30%2 since 2019.

1. Source: Statistics Canada
2. Source: CFIB monthly Business Barometer

Huge subsidies for Big Business!

The government can find BILLIONS for foreign-owned car companies, but where’s the help for small business?

Hon. Chrystia Freeland, Deputy Prime Minister & Minister of Finance

Hon. Eric Girard, Minister of Finance for Quebec

CC: My Member of Parliament

The cost of everything is going up! In the last four years alone: the QPP is up, now EI premiums are up! The costs of labour and insurance have skyrocketed.

My business can’t take it! It’s time for you to step in and reduce the cost of doing business in Canada!

To keep small businesses like mine on track, I am urging you to:

  • Reverse EI premium increases and freeze rates going forward.
  • Pause any QPP premium or threshold increases.
  • Reduce the Small Business Tax Rate and increase the Small Business Tax Rate threshold to $700,000 and index it to inflation.