Canadian small firms cite tax and cost pressures
Canadian Federation of Independent Business research says only 7% of smaller firms plan major growth/diversification over the next 12 months, with 59% of non-growing firms citing tax burden and most saying tax savings would support wages, debt repayment or expansion.
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11:59:03 AM UTC
SquawkNews
Expansion isn't in the cards for most small Canadian firms, fresh research suggests. Only 7% of smaller businesses plan to grow or diversify significantly over the next 12 months, says the Canadian Federation of Independent Business. A third of businesses say they aren't growing due to cost and eco…