Toronto, October 22, 2019 – The Canadian Federation of Independent Business (CFIB) congratulates Prime Minister Justin Trudeau and all MPs on their election wins tonight and looks forward to working with the Liberal government and all parties on behalf of Canada’s small and medium-sized businesses.
“We were gratified to see many of CFIB’s policy proposals included in every major party’s platform and we look forward to working to ensure those ideas become reality,” said CFIB president Dan Kelly. “We want to thank all of the candidates who ran and congratulate all parties for putting forward engaging ideas. Yesterday, we also kicked off Small Business Week and I hope our newly elected representatives will commit to working together and making small business issues a priority.”
The Liberal Party has made several important promises to Canada’s 1.1 million entrepreneurs, including:
- Eliminating credit card processing fees on HST and GST
- Cutting the cost of federal incorporation by 75 per cent, to $50 from $200
- Continuing to work with farmers on tax measures to facilitate the intergenerational transfer of farms, making it easier for farmers to transfer or sell family farms to family members or others
- Moving forward with free trade within Canada
“Small businesses are at the centre of our economy and our communities. A full 99 per cent of businesses in Canada have fewer than 500 employees. We are calling on all parties to place them at the centre of their plans for the country,” added Corinne Pohlmann, CFIB’s senior vice-president of national affairs. “On behalf of CFIB’s 110,000 members, we look forward to working with all newly elected MPs to achieve that.”
The Canadian Federation of Independent Business (CFIB) is Canada’s largest association of small and medium-sized businesses with 110,000 members across every industry and region. CFIB is dedicated to increasing business owners’ chances of success by driving policy change at all levels of government, providing expert advice and tools, and negotiating exclusive savings. Learn more at cfib.ca.