Winnipeg Free Press - ONLINE EDITION

PST hike partly to blame for business owner confidence falling: survey

  • Print

Manitoba’s small business owners are a gloomy bunch these days — second most pessimistic in the country — and the PST hike is partly to blame, according to Canadian Federation of Independent Business (CFIB).

The federation said its latest monthly member survey showed confidence levels among Manitoba’s small business owners fell for the fifth straight month in August, with the Business Barometer index dropping to 57.6.

Canada’s index, on the other hand, took another upward surge following a healthy jump in July. It’s now more than eight percentage points higher than Manitoba’s index, at 65.9.

"While most other provinces saw improving optimism, it is extremely disappointing to see Manitoba’s index continue to slide... ," said Marilyn Braun-Pollon, CFIB’s vice-president, Prairie and Agri-business.

"Hiring plans also declined for the fourth-consecutive month," Braun-Pollon said. "It is pretty evident the PST hike continues to hammer Manitoba’s job creators. We hope the Manitoba government comes to its senses by withdrawing Bill 20 and begins focussing on getting its fiscal house in order."

Fifty-three per cent of the Manitoba survey respondents cited tax and regulatory costs as the biggest constraint on their businesses, with fuel and energy costs a close second, at 51 per cent. And a shortage of skilled labor was once again the most frequently cited limitation on sales or production growth at 28 per cent.

The CFIB said Saskatchewan entrepreneurs are the most optimistic in Canada, with index of 70.7. Newfoundland and Labrador and Alberta aren’t far behind, at 70.4 and 69.5 respectively.

Prince Edward Island small business owners are the least optimistic, with an index of only 50.0.

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Winnipeg Cheapskate: Is that warranty worth it?

View more like this

Photo Store Gallery

  • JOE.BRYKSA@FREEPRESS.MB.CA Local-(Standup photo)- Humming Around- A female ruby -throated hummingbird fly's through the bee bomb  flowers Friday at the Assiniboine Park English Garden- Nectar from flowers are their main source of food. Hummingbirds wings can beat as fast as 75x times second. Better get a glimpse of them soon the birds fly far south for the winter - from Mexico to South America- JOE BRYKSA/WINNIPEG FREE PRESS- Sept 10, 2009
  • Bright sunflowers lift their heads toward the south east skies in a  large sunflower field on Hwy 206 and #1 Thursday Standup photo. July 31,  2012 (Ruth Bonneville/Winnipeg Free Press)

View More Gallery Photos

Poll

What do you think of the new school-zone speed limit?

View Results

View Related Story

Ads by Google