CFIB

Mandated $20/hour Living Wage Could Drive 600,000 Canadian Small Businesses to Closure, Warns CFIB Report [Interview]

CFIB policy analyst says that governments are setting these wages with no anchor in economic reality, while impacting thousands of small businesses already struggling.

Thousands of Small Businesses in Canada on the Brink with CEBA Repayment Deadline Due this Week [Video Interview]

Thousands of Canadian businesses could be on the brink of closure with the upcoming January 18 deadline to repay their Canada Emergency Business Account loans -- that's according to Dan Kelly of CFIB who speaks with Mario Toneguzzi.

Labour Shortages Cost Canadian Small Businesses Over $38 billion in Lost Revenue: CFIB Report [Video Interview]

Christina Santini talks about the economic impact of the labour shortages, why it’s happening, what to expect in the future, what industries are being impacted the most and what government needs to do to help. 

Small Retailers in Canada Face Revenue Decline Due to Big Business: CFIB Report Urges Consumers to Rethink Local Shopping Habits [Video Interview]

While 92% of Canadians express love for small businesses in their communities, only 13% predominantly shop at small businesses, with 87% favoring large multinational retailers, both in-store and online according to a report.

Canadian Restaurants on the Brink: Skyrocketing Costs, Labour Shortages and Mounting Debt Threaten a $100 Billion Industry

The Canadian restaurant and foodservice industry is in crisis, with one-third of restaurants operating at a loss. Urgent changes are needed, say insiders.

Small Business Owners Rally for Extension of CEBA Repayment Deadline Amidst Personal Guarantees Concerns [Video]

Small business owners are now discovering that they unknowingly provided a personal guarantee on the loan, meaning even if the business closes its doors the owner is responsible personally for the debt.

Downtown Retailers in Canada Navigate Dual Challenges: Lingering Pandemic Effects and Urban Safety Concerns

A shift in downtown dynamics since the pandemic, including less foot traffic and increased crime and drug use, are impacting retailers with great concern.

Canadian Restaurants Facing Impending Bankruptcies as CEBA Loan Repayment Deadline Looms [Survey]

Research is showing an increase in bankruptcies with a loan repayment deadline at the end of the year potentially throwing the industry into chaos.

2023 Federal Budget Misses the Mark for Retailers in Canada [Interviews]

Retail Insider interviewed several association heads who say that the newly released budget isn't sufficient enough to help retailers, and consumers will be negatively impacted as a result.

Video Interview: How Red Tape Is Strangling Canadian Small Businesses

Laura Jones of CFIB talks about the impact of red tape on businesses across the country and why it's so important to their bottom line.

Video Interview: Over $2 Trillion At Stake In Canadian Small Business ‘Changing of the Guard’

Corinne Pohlmann of CFIB discusses the upcoming transition for small businesses in Canada with more than 3/4 of owners planning to exit over the next decade.

Video Interview: CFIB Encouraging Shop Local On Small Business Saturday

Ryan Mallough of the Canadian Federation of Independent Business, discusses the national initiative this weekend to encourage consumers to shop local.

Survey: Many Small Businesses in Canada Considering Credit Card Transaction Surcharges for Consumers

Experts are saying that retailers could lose customers to competitors depending how the situation plays out in the coming months.

Video Interview: Canadian Economy Cooling Down and its Impact on the Retail Sector

The Chief Economist at CFIB talks about what's happening in the overall Canadian economy, sales in the retail sector, the level of job vacancies in the country and the debt small businesses have taken on during the pandemic.

Hurricane Fiona Fallout Continues to Significantly Impact Atlantic Canada Retailers Following Pandemic Challenges [Feature Interview]

The CFIB says businesses have a long way to go for recovery, following challenges relating to the pandemic including debt which could sink some retailers.

Video Interview: What Will A Seventh Pandemic Wave Mean For Canadian Small Business Owners?

The CFIB talks about the current level of stress and anxiety in the industry, the possibility of lockdowns and restrictions, the optimism and confidence levels of owners, the impact of rising costs, the current labour shortage, the lack of government support programs and the recent Rogers network outage.

Small Businesses in Canada Continue to Struggle Under Mountains of Debt and Challenging Business Environment: CFIB

Dan Kelly says that only 27% of businesses have fully recovered and that without support, more could fail as we head into the summer.

Video Interview: CFIB’s Dan Kelly Discusses Federal Budget’s Impact on Small Businesses

Dan Kelly, President/CEO of the Canadian Federation of Independent Business, discusses the latest federal budget and its impact on small businesses in Canada.

2022 Federal Budget Misses the Mark for Retailers in Canada: Interviews

Not enough is being done to support businesses struggling because of the pandemic and new spending will result in even more of a budget shortfall say experts.

“Absolutely Terrible News”: Ontario Lockdown to Push More Businesses Into Bankruptcy: Interviews

Recovery has not truly begun for most Ontario businesses according to CFIB with other experts and industry players saying that the move will irreparably harm many more businesses.

Concerns Despite Announced Federal Government Extension of Wage and Rent Subsidies for Retailers and Businesses in Canada [Interview]

The CFIB says it’s concerned that the eligibility rules and thresholds of the Thursday announcement puts support out of reach for many.

End of Government Subsidies for Retailers and Businesses this Month Could Spell Doom Amid 4th Wave: Interviews

Wage and rent subsidy support programs from the federal government end October 23rd, and many are praying the deadline will be extended.

Pandemic ‘Fourth Wave’ Would be Devastating to Retailers and Businesses in Canada Trying to Come Back from a Year and a Half of Restrictions:...

Businesses already have debt and still seeing lower than usual revenue, and more shutdowns could be the final blow for thousands of more retailers already struggling.

Anger and Frustration from Mall Retailers and Other Businesses Not Permitted to Reopen Friday in Ontario: Interviews

Business owners say that they are watching their life's work crumble due to the province's inaction amid despair.

Ontario Premier Doug Ford Urged to Open Ontario Retail and Restaurants Immediately as Covid Cases Come Down at a Critical Time: Interviews

Businesses were supposed to open this week but the government extended the lockdown. Now there are calls to reopen things now.
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