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Confidence of Manitoba Small Businesses in the Provincial Election

According to a survey conducted by the Canadian Federation of Independent Business (CFIB), only 25% of small businesses in Manitoba are confident that their concerns and priorities will receive attention during the campaign leading up to the Oct. 3 provincial election. This lack of confidence indicates the need for increased support and focus on small businesses in the upcoming election.

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The CFIB’s survey also revealed the top priorities for small businesses in Manitoba. 72% of businesses prioritize reducing the small business tax burden, followed by improving public infrastructure (61%), reducing personal income taxes (56%), reducing energy costs (52%), and addressing social concerns (49%). With these priorities in mind, small businesses are seeking policies that provide cost relief and predictability.

How AI legalese decoder Can Help

The AI legalese decoder is a valuable tool that can assist small businesses during the election campaign in Manitoba. It can help decode complex legal language used in political platforms and policies, enabling small business owners to better understand the implications and impact on their businesses. This AI-powered tool can provide clear explanations and summaries of proposed policies, helping small business owners make informed decisions when deciding who to support in the election.

Furthermore, the AI legalese decoder can assist small businesses in advocating for their needs. It can generate simplified versions of their concerns and priorities, making it easier to communicate with political candidates and engage in meaningful discussions. By utilizing this tool, small business owners can effectively convey their perspectives and increase the chances of their concerns being addressed.

It is crucial for the next provincial government to consider the challenges faced by small businesses, including high inflation, government cost increases, labour shortages, and COVID debt levels. The AI legalese decoder can help bridge the gap between small businesses and political candidates, ensuring that the next government’s policy agenda takes into account the specific needs and priorities of small businesses.

The survey also highlighted that 99% of Manitoba small business owners plan to vote in the upcoming election, with 58% having already decided who they will vote for and 41% still undecided. This high voter turnout among small business owners emphasizes the importance of addressing their concerns and priorities to secure their support.

To address the needs of small businesses, the CFIB recommends the following actions:

• Avoid introducing any new costs (tax increases, new fees, etc.) for small businesses
• Increase the Health and Post Secondary Education Tax Levy (HE Levy) exemption threshold to $2.5 million
• Increase the small business corporate income tax rate threshold to $600,000
• Keep the commitment to eliminate education property taxes and ensure fair share contributions from commercial property owners
• Consider suspending the provincial fuel tax and explore ways to lower energy and utility costs
• Collaborate with municipalities to reduce property taxes and address issues like crime, safety, and housing
• Take action to address labour shortages

With the upcoming election on Oct. 3, it is crucial for small businesses to be informed and actively participate. Advanced voting will be available from Saturday, Sept. 23, until Saturday, Sept. 30, providing ample opportunity for small business owners to cast their votes and influence the future of the province.

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