Finance committee  In fact, you have answered the question. Our members told us that with an increase to improve the CPP and the QPP, they will have trouble investing in their business, continuing to hire people, making investments, and so on. Moreover, this will probably prevent them from making

Finance committee  As I explained earlier, our members, and SMEs everywhere in Canada, understand the situation and want to put money aside for retirement. They see that there are retirement savings tools that allow them to have bigger tax returns. As for our members who have to pay these premiums,

Finance committee  Thank you for the question. First, we agree that everyone should have a retirement income that allows them to live a comfortable life after working for many years. I'm presenting the position of 109,000 members, although they may have different opinions. You have heard of the e

Finance committee  There may be a lack of communication. As I said, we did a survey with a third party, Ipsos, which surveyed 2,000 Canadians. They believe that the government contributes to the CPP and QPP. We are talking about almost half of the respondents. If the information you have indicates

Finance committee  Thank you, Chair. That's becoming a common mistake for me, so I will reinforce that I am not related to our cherished finance minister. Thank you for the opportunity to be here today to share the small business owner perspective on premium increases to the Canada pension plan.

Finance committee  I think you've hit the nail on the head, in terms of what we can do to encourage entrepreneurship, whether that's for indigenous members or the country or Canadians as a whole. We have some ideas that we think would facilitate that and make it easier to start a business, to redu

Finance committee  Briefly, the largest sector that's impacted right now, in our membership at any rate, is the self-storage facilities. They weren't contemplated in the legislation when it was designed years ago. As well, there are the motels and hotels, and now we've had some clarification on cam

Finance committee  Our members have talked about lightening the tax load and the regulatory load. In our view and the view of SMEs in Canada, cutting tax rates and employment insurance or Canada Pension Plan premiums would help for hiring people, giving wage increases and continuing employment and

Finance committee  We've been polling our members on this issue for quite some time. This notion of increasing CPP premiums has come up again and again. It's the biggest payroll tax that our members pay. We understand that for the employees it's deferred income, but business owners feel as though t

Finance committee  I think at this stage our members have not identified runaway spending as a priority for them for making sure spending is in place. Our preliminary results have shown that they appreciate infrastructure investment spending. Up to 40% of our members have identified that as somethi

Finance committee  Thank you for the question. I am going to send the committee the research that shows, using Statistics Canada data, that we are talking about zero to $500,000 in the case of most small and medium-sized businesses. In addition, the curve descends gradually. Very few businesses ac

Finance committee  As we mentioned in our presentation and our pre-budget submission, reducing taxes for business owners is their number one priority; that's what, as members of our organization, they identified through our surveys. Whether that's the corporate income tax rate or payroll taxes, the

Finance committee  Thank you. I'll start, perhaps. It's a twofold problem. Getting after the low-hanging fruit of these concrete one-offs is one way to get at solving red tape. We've heard about interprovincial trade issues. One of my favourite examples of the inanity of our country sometimes is t

Finance committee  Thank you for the opportunity to be here today to share CFIB's perspective on these pre-budget consultations. You should have a slide presentation in front of you, which I'd like to walk you through in the next few minutes. CFIB is a not-for-profit, non-partisan organization, r

Human Resources committee  Yes, some members have called us to complain about the phenomenon you described, that is, people with no real interest in the available job applied just so they wouldn't lose their benefits.