April 14, 2024

Greater than three-quarters of small and medium-sized enterprise (SME) house owners in Quebec hope municipalities will restrict the rise in property taxes for companies after they struggled to repay their money owed as a result of pandemic.

That is based on a survey launched on Tuesday by the Canadian Federation of Unbiased Enterprise (CFIB).

About 53 % of respondents additionally wish to see a restrict on rising utility prices and costs, in addition to charges for water, sewer and enterprise licenses and permits.

“Issues will not be going effectively for medium-sized companies. It isn’t stunning that if we take even a modicum of curiosity of their state of affairs, we shortly understand that many are nonetheless in debt from the pandemic, that their prices are exploding in every single place, that labor shortages are holding them again and stopping us from rising and even to work usually,” defined François Vincent, vice-president for Quebec on the CFIB.

Dashing up the processing of allow functions (37%) and rising investments in important infrastructure comparable to roads, bridges, waterworks and sewage programs (33%) are additionally among the many calls for of SMEs.

Nearly 27% of SME managers would additionally like to participate in consultations on changing streets into pedestrian zones.

“Municipalities have a job to play and should reply to their small companies by strictly managing public funds and limiting tax will increase as a lot as attainable,” careworn Mr. Vincent.

The survey was carried out amongst 478 SME house owners in Quebec till November 8, 2023.