Two different surveys are painting a rosy picture for the Canadian small business economy. It seems that the kind of free government grants that have been available have done what they were supposed to as employers are now saying they will be increasing hiring this year.
Manpower Inc has described the outlook for the first quarter of 2010 as modest, but still states that most employers are thinking about hiring rather than firing their existing workforce.
“Employers who intend to hire are telling us that they plan to hire at a moderately stronger pace than during the same time last year and that’s good news,” said one official at Manpower.
However, that same official has said that even though business loans have done their job to some extent a majority of employers are holding back before they turn on the hiring taps.

Experts are saying that the recent federal budget is sending mixed signals to small business across the nation, and by raising the EI premiums that these businesses will have to pay, that could very well be the most harmful part of the new document where small business is concerned.

Although the same experts are saying that the good that has been done with the government business grants should not be entirely wiped out with these new plans. The Conservatives have decided to stick to their tax plans and they should create at least a partial atmosphere for those smaller firms that are in the job creating mode.

However the government  saying that it will not increase taxes for the next fiscal year is nonsense according to these same people since every Canadian who pays taxes will notice a substantial increase in their EI premiums. Still, there are federal government grants available for entrepreneurs and that remains unchanged.

According to at least some of the experts who have had the time to study the new federal budget in detail, the lack of changes to the free government business grants that helped small business through the recession and the impending rise in EI premiums will have negative consequences on job growth in 2011.

Small to medium sized businesses also report that they saw little else that would help them get their to their feet in an otherwise weak economy. While the government grants that have been a stabilizing influence for new small business are set to continue for the time being, they can’t be counted on as the only help small business needs.

Small business in Canada is considered one of the driving influences that runs that Canadian economy. They account for 98% of all business in the nation and employ millions of people.

After taking advantage of the federal government grants that helped many small businesses through the recession that almost brought the entire economy down, those same small businesses seem to be bracing for a spike in unemployment insurance rates that they say will cripple any recovery.
Many small businesses upon hearing the news that the business loans that they enjoyed from the federal government will now be offset by a spike in UI premiums have publicly said that move by the government is detrimental to the hiring they might have otherwise undertook.
The president of the Canadian Federation of Independent Business agrees:
“Employees and employers contributed very significantly to the general revenue coffers and in an ideal world would see that money returned to them. We’re not dreaming in Technicolor, we know that’s not going to happen, [but] we don’t want to see an excessive premium increase that merely disappears into general revenues.”

With businesses and municipalities all over the globe looking to be the leaders in the late latest green technology, it’s great to see that Canada is taking a forefront in the race to make the world a healthier place while at the same time affording small business the ability to make money.
The small municipality of Meaford is pleased to announce an event that they hope will spark innovation towards fostering green technology in the area. Goforthegreen.net has chosen this municipality as the one where this first event will take place.
Speakers, business leaders and innovators will broadcast from around the world to this small community in a step to add further momentum to the government business loans that are already working in the area.
The government assistance that has been allocated recently has helped to foster the growth of small business and these initiatives will further help to move the green cause forward.