TORONTO, Oct. 16, 2013 /CNW/ - The Canadian Federation of Independent Business (CFIB) welcomes several measures announced today in the 2013 Speech from the Throne.
"It is clear the Federal Government is listening carefully to the needs of Canadian entrepreneurs by announcing plans to legislate balanced budgets, reduce taxes on small businesses and address the burden of red tape they shoulder," said CFIB president, Dan Kelly.
Measures focused on small businesses include:
- A promise to reduce taxes for small businesses once the budget is balanced (CFIB has recommended a cut in the small business rate from 11% to 9%);
- A commitment to legislate balanced budgets (supported by 82% of small businesses in a CFIB member survey);
- Ensuring consumers are informed of the costs to accept credit cards;
- Legislation to reduce red tape (One-for-One rule) and Canada Revenue Agency rules;
- Action to implement the Canada Job Grant; and,
- Action on public sector pensions, sick leave and benefits.
CFIB remains concerned with the government's plan to proceed with poorly designed changes to the Temporary Foreign Worker Program. "The majority of measures in the Throne Speech will send a positive message to small firms," added Kelly. "We at CFIB are committed to working with the government on these and other measures in the months ahead to support job creators."
CFIB is Canada's largest association of small and medium-sized businesses with 109,000 members across every sector and region.
SOURCE: Canadian Federation of Independent Business
For further information:
To arrange an interview with Dan Kelly, please contact Gisele Lumsden at 647-808-5769 or by email at [email protected].