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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Canadian small business group calls for relief at the pumps amid high fuel costsThe Canadian Federation of Independent Business says record gas prices, supply chain snarls and labour shortages have pushed the cost of doing business through the roof There is no limit to the damage environmentalists will do to the economy in the name of their apocalyptic theories. Trudeau can't afford it after he backs up the money truck for Bell, Rogers, Honda. All corporations that are highly profitable with incredibly well paid executives and stock holder. Each received hand outs in the hundreds of millions over the past few years. Are they asking the oil companies? Because the tax rate hasn't changed.
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Small business group calls for relief at pumps amid high fuel costs - BNN BloombergA Canadian small business group is calling on the federal and provincial governments to temporarily eliminate or lower fuel taxes. Before we ask the govts to reduce tax rates on fuel, perhaps we need to ensure that the retail price is consistent with the distributors costs and not artificially hiked by price gouging. Next, review supermarket prices versus their profit margins. Not all is as it appears.
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