Canada Small Business News Round-up – 21/10/2008

Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from Canada:

  • Small Business Week: There’s no shortage of news about big companies facing major upheavals as they deal with the fallout of the global financial crisis, but small businesses make up an enormous portion of the Canadian economy and they’re also coming to grips with their own set of challenges.
  • Celebrating entrepreneurs in small business week: With Small Business Week kicking off this past Sunday, it is no better time to celebrate the contributions of this province’s entrepreneurs.
  • Small Business Tax Strategies: Operate a small business in Canada and think you’re paying too much income tax? Reduce your income tax with these eight small business tax strategies.
  • Small business reacts to “crazy” WSIB move: Toronto – Spokespersons for the Canadian Federation of Independent Business (CFIB) are available to comment on today’s announcement from Ontario’s Minister of labour Peter Fonseca, that the government is introducing legislation to make workers’ compensation coverage mandatory for individuals working in the construction industry who are currently not covered and, are shelving the ‘Named Insured Working Group’.
  • Customer experience: Why it matters, whether you’re running a multinational or an SMB
  • Canadian small businesses fret about fuel: TORONTO (Reuters) – Rising fuel costs and managing growth and cash flow amid a global economic slowdown are the main concerns of small business owners across Canada heading into 2009, according to a survey released on Thursday.
  • Small business benefitting from banking prop-ups: EDMONTON – World governments’ moves to backstop the banking system are having a modest positive effect on Canada’s small business sector, the Canadian Federation of Independent Business said today.
  • Small business and the growing storm: Brent Patterson says he won’t replace the worker who left his company last spring and there’s a good chance if the equipment in his plant breaks down, he’ll repair it himself instead of hiring a technician.
  • Small business owners realize corporate charm: Peaseblossoms Ltd. flower shop has gone corporate.In fact, the Calgary small business has been that way since the day it opened. And its owner Marika Styba wouldn’t have it any other way.
  • Small-business owners look to Victoria for support plan: B.C.’s small businesses are looking for a strong signal from the provincial government to help fight a growing sense of economic pessimism. That’s the word from an official of the Canadian Federation of Independent Business, who says tax relief would go a long way in restoring confidence in the sector at a time of growing turmoil in the markets.
  • In a slump, small business hangs on: Small businesses, which typically suffer more than big ones in periods of economic distress, seem to have a chance of escaping that fate in Canada’s current slowdown.
  • Small business prospects won’t improve until late 2009: OTTAWA – Prospects won’t improve for Canada’s small-business sector until late 2009, according to a pair of reports released Monday. And most of 2009 will be “a difficult year for many businesses,” a report from TD Economics said.
  • The Self-Employment Program: If you’re starting a business and looking for small business grants in Canada, you have to check out the federal government’s Self-Employment Program. It’s one of the best small business grants in Canada, providing business start up money and so much more for those who qualify. Find out what the Self-Employment Program offers and if it’s for you in this article.

As always this list is not exhaustive, but I hope it will give you a little overview. — ST.

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