Small and medium-sized businesses warn of ‘entrepreneurial drought’ crisis, lobby feds for a reduction in small business tax rate

There is 'significant bleeding from the small business community across Canada' that has been underway for more than a year, says CFIB CEO Dan Kelly.

Minister of Women and Gender Equality Rechie Valdez, who is also secretary of state for small business and tourism, announced $173.7-million over five years to continue the Women Entrepreneurship Strategy on June 22.The Hill Times photograph by Andrew Meade

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BY JESSE CNOCKAERT

August 10, 2026

Advocacy on economic issues dominated federal lobbying in the first half of 2026, with representatives of Canada’s small- and medium-sized business sector warning of an unprecedented “entrepreneurial drought” that could add up to big trouble for larger businesses if ac...

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