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Industry committee Sure, and I'll point out that just last week, I believe the environment commissioner also mentioned that in his reports as well. Essentially, as I mentioned earlier to Mr. Généreux, the fact is that in the province where it applies, about 50% of the revenue that is taken is from
May 3rd, 2022Committee meeting
Corinne Pohlmann
Industry committee It is a moratorium during the years when they are struggling. We're not necessarily suggesting that this be permanent. It's just about the costs that are being layered on top of small businesses. These are the costs that governments control, and perhaps during this difficult peri
May 3rd, 2022Committee meeting
Corinne Pohlmann
Industry committee Certainly, but rising costs impact you either way. It's a matter of being able to actually get out from underneath your debt load, invest in your business and move forward. I think the nice thing about entrepreneurs and small businesses is that they are innovative and they do t
May 3rd, 2022Committee meeting
Corinne Pohlmann
Industry committee My answer is that I don't know what our members would think of that. It would be something we would have to ask them. Their issue, of course, is more on accepting payments than it is on the credit card itself. With regard to BDC, I agree with you. As a lender of last resort, th
May 3rd, 2022Committee meeting
Corinne Pohlmann
Industry committee A bit, yes.
May 3rd, 2022Committee meeting
Corinne Pohlmann
Industry committee What I am saying is that of the carbon backstop that applies in Ontario, Manitoba, Saskatchewan and Alberta—the carbon tax in those provinces—about 45% to 50% of that revenue actually comes from small and medium-sized businesses, as well as the municipalities, hospitals and schoo
May 3rd, 2022Committee meeting
Corinne Pohlmann
Industry committee They set aside 8% to 10% for that group, which was supposed to go into programs, but only one was ever created prior to the pandemic, and in order to access the program you had to invest $80,000 in your business to get any money back in the subsidy. It wasn't accessible to small
May 3rd, 2022Committee meeting
Corinne Pohlmann
Industry committee Yes, we're very worried. Now that supports are also going to disappear as of May 7, there will be nothing to help businesses that are feeling the load of the debt. We believe this is the target thing that we have to deal with now. How do we help those really hard-hit businesses
May 3rd, 2022Committee meeting
Corinne Pohlmann
Industry committee We can certainly do that, but I will say that it isn't about fixing individual pieces but about fixing the whole system. That's why things like the Red Tape Reduction Act have been very effective at helping to fix the entire system, by putting some constraints on regulators. We n
May 3rd, 2022Committee meeting
Corinne Pohlmann
Industry committee I think both are necessary, to be honest. When it comes to understanding which rules, I agree that we need the rules. We need to protect the environment, we need to protect health, and we need to protect safety. There's no doubt about that. There also needs to be a bit more cla
May 3rd, 2022Committee meeting
Corinne Pohlmann
Industry committee Yes.
May 3rd, 2022Committee meeting
Corinne Pohlmann
Industry committee The committee that had been in place was dissolved. It's my understanding, though, that they are looking at reinstating the committee with potentially new members.
May 3rd, 2022Committee meeting
Corinne Pohlmann
Industry committee I think it was the spring or summer of last year.
May 3rd, 2022Committee meeting
Corinne Pohlmann
Industry committee The departments are still supposed to report the number of regulations each of them have and ones they've gotten rid of. If you go by department, you can sometimes see it, but it's certainly not updated for every department every year, as was originally the reason for it to be pu
May 3rd, 2022Committee meeting
Corinne Pohlmann
Industry committee During the pandemic, we saw a huge transition in how people paid. Cash is really non-existent today. It's moved to digital payments. When that happens, it becomes much more expensive from a merchant's perspective. When you move online more, those transactions are even more expens
May 3rd, 2022Committee meeting
Corinne Pohlmann