Business

Business confidence down across the country for second straight month

Looking forward to the next 12 months is not a picture of confidence for Canadian businesses, according to a new member survey from the Canadian Federation of Independent Business. Confidence dropped 5.4 points to 47.5, the second indicator drop in as many months. […]

Business

Petition calls on government to immediately pay Canadian businesses owed fuel charge rebat

The Canadian Federation of Independent Business (CFIB) estimates the Federal Government owes Alberta small businesses $718.2 million or $4,095 each in five years of stalled tax rebates owed for the tax years 2019-2020 through 2023-2024. A new petition calls on the feds to immediately pay the owed funds. […]

Business

CFIB and IBC call on province to drop taxes on auto insurance policies

With the Alberta budget looming on the horizon, the Canadian Federation of Independent Business (CFIB) and Insurance Bureau of Canada (IBC) are taking the opportunity to call on the provincial government to cut the two taxes charged on auto insurance policies to provide more affordability for Albertans. […]

Business

CFIB Expresses Disappointment as Ottawa Ignores Pleas for CEBA Loan Extension, Puts Small Businesses at Risk

The Canadian Federation of Independent Business (CFIB) says it is “very disappointed ” pleas to the federal government for more time for Canadian businesses to repay the Canada Emergency Business Account (CEBA) loans in order to keep the forgivable portion have been ignored. […]

Business

CFIB not expecting last minute reprieve on CEBA loans

The Canadian Federation of Independent Business (CFIB) is not expecting the federal government to provide business owners more time to repay their CEBA loans and still keep the forgivable portion. The deadline for loan repayment was extended from Dec. 31 to Jan. 18. […]

Business

Small businesses are overall more satisfied with banking services at credit unions than big banks

A Canadian Federation of Independent Business report has learned that small businesses continue to be more satisfied with the overall level of service provided by credit unions rather than the Big Five Banks. Overall, satisfaction with banking services in 2022 is lower than in 2019; credit unions have remained strong. […]

Business

Nearly half of all businesses now struggling with low sales says CFIB report

Small business confidence hit a lowpoint of 45.6 per cent in the November Business Barometer report put out by the Canadian Federation of Independent Business (CFIB). Although numbers below 50 have occurred in the past few months, it has not been the case since the 2008/2009 and 2020 recessions. […]

Business

Big business and online giants cost majority of small business sales during the Black Friday shopping weekend

The American transplant Black Friday is coming to Canada again this weekend, and shoppers are reminded that a majority (65%) of small retail businesses expect to lose sales to big businesses and online giants. This from recent data by the Canadian Federation of Independent Business (CFIB). […]