Small business owners in B.C. aren91裸聊视频檛 feeling too confident this spring, suggests a survey from the Canadian Federation of Independent Business.
Their optimism slipped the most of the Western provinces, with it a 3.6-percentage-point drop to 65.9 per cent since February.
CFIB western economist Aaron Aerts said the drop is concerning, but there91裸聊视频檚 91裸聊视频渘othing to panic about91裸聊视频� 91裸聊视频� yet.
91裸聊视频淲e consider 65 per cent and up to be relatively healthy,91裸聊视频� Aerts said. 91裸聊视频淪o 65.9 per cent is not a bad number.91裸聊视频�
He said the dip in confidence could be tied to , as well as in anticipation of coming in next January.
91裸聊视频淭he payroll tax will be felt in the bottom line91裸聊视频� by those who are looking at expanding their businesses.91裸聊视频�
He said any concerns are just speculation for now. 91裸聊视频淚t will be really telling once the tax is introduced. Fear of a tax is one thing, it91裸聊视频檚 another thing to actually pay it.91裸聊视频�
The payroll health tax, which replaces Medical Service Plan premiums, will hit all businesses with an annual payroll of more than $500,000. Those with payrolls between $500,000-$1.5 million will pay a yet-to-be-determined rate, while those at more than $1.5 million will pay 1.95 per cent.
The tax, which comes into effect next January, means that businesses already paying health premiums for their employees will pay double the amount in 2019 before MSP is phased out in 2020.
Despite gloomy predictions for the future, Aerts said B.C. companies are still hiring in the short-term.
91裸聊视频淲e91裸聊视频檙e seeing healthy hiring intentions,91裸聊视频� he said, noting that 27 per cent of small business owners are look to hire, compared to just nine per cent looking to cut back.
91裸聊视频淚n the short term, I don91裸聊视频檛 think there91裸聊视频檚 anything to worry about in terms of employment.91裸聊视频�
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