Halifax, November 19, 2024 - Nova Scotia's major political parties have shown they are in agreement - the current tax environment small businesses face must be improved.
The Canadian Federation of Independent Business (CFIB) applauds all parties for committing to reducing the Small Business Tax Rate if elected. Reducing the small business tax rate has been a priority for our members and a key plank in CFIB's advocacy work. Currently, close to three in four (74%) Nova Scotian small businesses cite tax and regulatory costs as a major cost constraint they face.
It is heartening to see that, no matter which party forms government, small businesses can expect some much-needed relief.
CFIB looks forward to holding the next government accountable to ensure these changes are implemented swiftly.
- Duncan Robertson, Senior Policy Analyst, Nova Scotia, CFIB
For media enquiries or interviews, please contact:
Duncan Robertson
Senior Policy Analyst
(902) 580-4538
Duncan.Robertson@cfib.ca
About CFIB
The Canadian Federation of Independent Business (CFIB) is Canada’s largest association of small- and medium-sized businesses with 97,000 members across every industry and region, including 4,000 in Nova Scotia. CFIB is dedicated to increasing business owners’ chances of success by driving policy change at all levels of government, providing expert advice and tools, and negotiating exclusive savings. Learn more at cfib.ca.