CFIB wants Manitoba to avoid tax increases for small businesses
One organization is urging the Manitoba government to avoid tax or cost increases for small businesses in the upcoming budget.
The Canadian Federation of Independent Business (CFIB) made the announcement on Monday, asking the province to help address rising costs for the 4,000 small businesses in Manitoba.
“The skyrocketing business costs are the greatest challenge that small firms are facing right now,” said Brianna Solberg, director of provincial affairs with CFIB.
“From food to fuel, rent, utilities - you name it, it’s more expensive now.”
According to a recent CFIB survey, 19 per cent of the province’s small businesses are considering closure due to increased costs, decreased revenues and heavy debt loads.
With these statistics, the CFIB is calling on the government to provide cost relief for local business, including extending the fuel tax holiday, freezing Hydro rates or introducing a rebate program for security updates.
“With inflation and rising interest rates, business owners are looking to the provincial government to provide some affordability,” Solberg said.
She added that small businesses would be able to use these cost relief measures to increase wages, hire new staff or pay off pandemic-related debt.
The province is set to unveil its 2024 budget on April 2.
Watch above to find out more about the CFIB is hoping to see from the Manitoba government.
- With files from CTV’s Maralee Caruso.
CTVNews.ca Top Stories
Chants of 'shame on you' greet guests arriving for the annual White House correspondents' dinner
An election-year roast of U.S. President Joe Biden before journalists, celebrities and politicians at the annual White House correspondents' dinner Saturday.
What is a 'halal mortgage'? Does it make housing more accessible?
The 2024 federal budget announced on April 16 included plans to introduce “halal mortgages” as a way to increase access to home ownership.
Here's where Canadians are living abroad: report
A recent report sheds light on Canadians living abroad--estimated at around four million people in 2016—and the public policies that impact them.
Deadly six-vehicle crash on Highway 400 sparked by road rage incident
One person was killed in a six-vehicle crash on Highway 400 in Innisfil Friday evening.
Opinion I just don't get Taylor Swift
It's one thing to say you like Taylor Swift and her music, but don't blame CNN's AJ Willingham's when she says she just 'doesn't get' the global phenomenon.
Invasive and toxic hammerhead worms make themselves at home in Ontario
Ontario is now home to an invasive and toxic worm species that can grow up to three feet long and can be dangerous to small animals and pets.
Harvey Weinstein hospitalized after return to New York from upstate prison
Harvey Weinstein’s lawyer said Saturday that the onetime movie mogul has been hospitalized for a battery of tests after his return to New York City following an appeals court ruling nullifying his 2020 rape conviction.
'We are declaring our readiness': No decision made yet as Poland declares it's ready to host nuclear weapons
Polish President Andrzej Duda says while no decision has been made around whether Poland will host nuclear weapons as part of an expansion of the NATO alliance’s nuclear sharing program, his country is willing and prepared to do so.
Central Alberta queer groups react to request from Red Deer-South to reinstate Jennifer Johnson to UCP caucus
A number of LGBQT+2s groups in Central Alberta are pushing back against a request from the Red Deer South UCP constituency to reinstate MLA Jennifer Johnson into the UCP caucus.