Capital gains tax proposals create challenges for business owners. 'The proposals in the federal budget have huge potential consequences, & many small business owners are feeling forced to make important decisions with little time & very few details.' wealthprofessional.ca/news/industry-…

“Our country must end its reliance on tax-and-spend politics, which is undermining innovation & growth to the detriment of both today’s Canadians and future generations.”

Small businesses oppose capital gains increase, calling for changes. “With rapidly rising business bankruptcies across Canada, now is not the time to raise taxes on the rainy-day funds of small businesses owners.” cfib-fcei.ca/en/media/small…

Osborne Starbucks closure raises alarms about local crime. “Security issues/safety issues, are too big for a business to tackle” - forcing closures in Winnipeg. Globalnews.ca globalnews.ca/news/10467445/…

“They have a lot more resources than, say, your neighbourhood coffeeshop. The fact that they have to resort to a closure and placing their employees in other franchises, tells you a lot”
globalnews.ca/news/10467445/…

Staying non-partisan is challenging but helps drive significant changes for our small business members.

Thanks to support from various federal and provincial leaders, CFIB’s initiative has successfully secured a $2.5 billion carbon tax rebate for #SMEs across the country.

👇…

The Workers Compensation Board of Manitoba said it is handing out $118 million in surplus funds to employers whose premiums fund the system.

This month, eligible employers will receive a credit equivalent to 50 per cent of their 2023 premium!

According to the latest CFIB Business Barometer, small businesses in Manitoba are reporting a slight increase in optimism heading into the summer months.

MB's hospitality sector anticipates rise in summer business. According to CFIB data, biz' in the hospitality sector saw the greatest increase in confidence, suggesting restaurants, hotels & other tourism biz' are optimistic warmer weather may boost sales. brandonsun.com/local/2024/04/…

‘All too common’: retail theft shows no sign of slowing down. The owner of Bagelsmith downtown Winnipeg has been burglarized 4 times since opening his flagship store in late 2020. winnipegfreepress.com/breakingnews/2…

I’m getting lots of questions on the new Carbon Tax Rebate for SMEs. Here is what we know so far.
1. Around 600,000 SMEs in 8 provinces (all other than BC & QC) will be eligible for rebates of a portion of the carbon taxes they’ve paid.
2. Incorporated firms with under 500 paid…

It’s been an exciting week of meetings in Calgary with CFIB colleagues from across Western Canada! 🇨🇦 CFIB Saskatchewan CFIB Manitoba CFIB Alberta CFIB BC

Watch: How the federal budget will impact small businesses. winnipeg.ctvnews.ca/video/c2906175… via CTV News Winnipeg

It is unclear why the federal government would single out some sectors of Canada’s SME community for higher capital gains taxes, including many of those hardest hit by pandemic restrictions like restaurants & businesses in the arts and recreation sector. brandonsun.com/local/2024/04/…

Capital gains changes in budget 2024 will create winners & losers among SMEs. These changes also have the potential to demotivate Canadians from going into biz in the 1st place or working hard to grow a biz. CFIB will be pushing back against any increase in the capital gains…

After 5 years, Budget 2024 lays out promised small business carbon rebate - National | Globalnews.ca globalnews.ca/news/10427578/…

About to join 680 CJOB in Winnipeg for my annual post budget commentary. I think this will mark the 30th year that I’ve shared my perspective on the federal budget with CJOB listeners.

CFIB Statement on Federal Budget 2024-25: Carbon tax rebates owed to small biz’ have been a long time coming. Glad to see Ottawa is making progress on this. Most importantly, it is good to see the gov’t broaden its eligibility rules to include most SMEs. cfib-fcei.ca/en/media/capit…