About three out of four small businesses in Canada say they are concerned about a lack of planning for a balanced federal budget, according to the Canadian Federation of Independent Business (CFIB).
Canada’s deficit in the first four months of the 2024-2025 fiscal year was $7.29 billion, up drastically from $1.24 billion for the same period last year, the Finance Department said in September.
A new CFIB report examining the financial performance of the Liberal government and business concerns across the country found that 81 percent of small businesses think the government needs to focus on balancing the budget and paying down debt….