PolitiKit

Canada is experiencing an “entrepreneurial drought”: a sustained period where business closures consistently outpace new business starts, leading to a shrinking entrepreneurial base and declining confidence in entrepreneurship. CFIB recommends that reversing this trend should be treated as a national economic priority.

Ensure franchised small businesses are treated equitably under federal policy by recognizing franchisees as independent small businesses, in eligibility for government support programs and in environmental regulatory requirements, including the Federal Plastics Registry.

Increase the Small Business Deduction Threshold from its current level of $500,000 to between $650,000 and $750,000

Inform the Federal Government of the need for the Temporary Foreign Worker Program for the 78,000 franchised small business owners across Canada, ensuring they have the workers necessary to operate their businesses effectively and support the growth of the local, provincial, and national economy.

Introduction of a federal Career Extension Tax Credit allowing Canadians aged 60 and older to earn up to $65,000 in total income before the credit begins phasing out at 15 cents per dollar above that threshold. This change would allow older Canadians to engage in part-time work without pushing them into the next tax bracket.

TIAA is interested in the working with the Government of Canada to advance its federal tourism goals, as articulated in the Canada 365: Welcoming the World. Every Day. The Federal Tourism Growth Strategy

Discussions regarding the state of Canada's (and Alberta's) visitor economy amidst growing inflationary, interest rate and supply chain pressure

TIAA is interested in ensuring that any proposed changes to labour and immigration policy support the unique needs of the tourism industry, by sector, by region and, by season.

TIAA desires to see the cost of air travel become more competitive relative to other global markets by reducing fees, levies and taxes on air travel.

TIAA is interested in any changes to transportation policy or regulation that positively/negatively impact Canada's ability to compete on an international level for visitors.

Sustainable Tourism within Canada's National Park System - TIAA's interests relate to sustainable investment within national parks, support of Indigenous tourism development, policy and strategic alignment between the ministries of ISED and ECCC in support of the aims of national parks to protect and present these places to Canadians.