Small business group calls for relief at pumps amid high fuel costs – Terrace Standard

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Small business group calls for relief at pumps amid high fuel costs

A Canadian small business group is calling on the federal and provincial governments to temporarily eliminate or lower fuel taxes.

It says higher transportation and fuel costs have driven 92 per cent of small businesses to increase prices in the past 12 months. It’s also asking for the small business deduction threshold to be raised to $600,000 from $500,000, as is now the case is Saskatchewan, and index the threshold to inflation annually.“Every cent counts for small businesses, especially as they navigate skyrocketing input costs and labour and product shortages,” Corinne Pohlmann, CFIB’s senior vice-president of national affairs, said in a statement.

 

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