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CFIB

Canada losing businesses at an alarming rate: CFIB

Mario Toneguzzi -
Business exits in Canada have outpaced new business entries since early 2024, and the problem seems to be getting worse.

Canadian GDP to rebound in the first two quarters of 2026: CFIB

Mario Toneguzzi -
Canadian economy grew 1.6% in Q1 2026 and is expected to increase to 1.6% in Q2.

CFIB calling on measures in federal budget to address declining entrepreneurship

Mario Toneguzzi -
The CFIB said 73% of small firms say they are not confident that the federal government has their back as a business owner.

Some Canadian businesses may be eligible for U.S. tariff refunds: CFIB

Mario Toneguzzi -
Approximately one-third of small Canadian exporters faced tariffs on goods that did not qualify for the CUSMA exemption.

Small businesses see fuel costs as key constraint to growth: CFIB

Mario Toneguzzi -
Small business long-term optimism improved modestly to 58.5 points in April, following the sharp decline recorded in March.

More businesses have been closing than opening in Canada: CFIB

Mario Toneguzzi -
The entrepreneurial drought, a sustained period of four or more quarters where business exits outpace new business entries, has been ongoing since early 2024.

Federal government temporary suspension of excise fuel taxes good news for Canadian businesses

Mario Toneguzzi -
Starting April 20, Canada's new government will suspend the full amount of the tax on gasoline and diesel until September 7.

Fuel tax relief lagging while Alberta small businesses face sustained price pressures: CFIB

Mario Toneguzzi -
CFIB’s March Business Barometer shows fuel costs are a major constraint for 42% of Alberta small businesses, demonstrating the scale and seriousness of the issue.

Small businesses urge governments to keep momentum on reducing internal trade barriers: CFIB

Mario Toneguzzi -
Business owners continue to face obstacles such as duplicative testing requirements, inconsistent provincial regulations, and restrictions on moving goods and services across provincial borders. 

Small business confidence loses momentum amid rising energy costs: CFIB

Mario Toneguzzi -
Several cost concerns increased this month, with the share of businesses worried about fuel costs jumping from 36% in February to 50% in March.

Changes to Temporary Foreign Worker Program applauded by business groups

Mario Toneguzzi -
Helping employers who are facing severe labour shortages.

Small businesses call for stronger domestic energy supply amid global uncertainty: CFIB

Mario Toneguzzi -
An overwhelming majority (90%) of small businesses say governments should prioritize increasing Canada's energy production and capacity to better support the economy and ensure businesses have reliable access to the energy they need to operate.

More than 1.3 million temporary work permits set to expire by the end of 2026, leaving small businesses scrambling: CFIB

Mario Toneguzzi -
According to CFIB’s Monthly Business Barometer, skilled labour shortages remain the second highest constraint on sales and growth for 39% of small businesses.

One year into the trade war, half of Canadian small businesses no longer feel the U.S. is a reliable trading partner: CFIB

Mario Toneguzzi -
Three-quarters (75%) of small businesses say the tariff fight has strained their relationships with U.S. partners or clients, up sharply from 49% in March 2025.

Small business optimism climbs above historical norms for the first time since 2022: CFIB

Mario Toneguzzi -
Confidence levels among almost all provinces hovered just above or around their historical averages, while most sectors saw gains in their 12-month outlook.

Patchwork approach threatens Canada’s internal trade progress: CFIB

Mario Toneguzzi -
Provinces and the federal government have delivered several additional milestones, including additional mutual recognition legislation, eliminating internal trade exceptions and most recently signing the landmark pan-Canadian Mutual Recognition Agreement (CRMA).

U.S. Supreme Court ruling on Trump tariffs a welcome development for Canadian businesses, but President announces more tariffs

Mario Toneguzzi -
But many questions remain on future impact of the ruling.

CFIB survey: Tax burden tops small business concerns in Canada as retailers cite costs, regulation and crime

Mario Toneguzzi -
Overall for all sectors, the CFIB said the total tax burden has been the top concern for over 25 years.

Canada business exits outpace entries for 5th straight quarter: CFIB economist

Mario Toneguzzi -
Regionally, every province is in negative territory except Quebec, where entry and exit rates are roughly balanced.

CFIB Business Barometer: Small business confidence remains steady in January

Mario Toneguzzi -
More businesses reported struggling with tax and regulatory costs (70%), followed by insurance (69%) and wage costs (62%).

Small businesses must be top priority as MPs return to Ottawa: CFIB

Mario Toneguzzi -
“2025 was a rollercoaster for small businesses."

Canadian economy to grow in Q1 2026: CFIB

Mario Toneguzzi -
CFIB’s estimates and forecasts in partnership with AppEco suggest the Canadian economy grew by 0.6% in the fourth quarter of 2025 and is expected to grow by 3.4% in Q1 2026.

600,000 small businesses to receive $623 million in final carbon tax rebate starting today: CFIB

Mario Toneguzzi -
Rebates will be based on the number of T4s issued by an employer, and the Canada Revenue Agency will automatically issue the rebates to eligible businesses in Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador.

Small Business Saturday kicks off holiday shopping season: CFIB

Mario Toneguzzi -
According to CFIB’s latest data, one third (33%) of small businesses count on the upcoming holiday sales.

Optimism slowly coming back ahead of holiday season: CFIB

Mario Toneguzzi -
The CFIB reports a boost in small business confidence to 55.5 index points. Learn what this means for the holiday season.
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