Insurance costs are crushing small biz in Canada.
A recent @CFIBNews survey shows 2/3rds of owners say it's a top issue & 1/2 saw premiums jump 10%+ in 1 year.
Here's the real problem: 60% get insurance from just THREE companies. Read in @Muskoka411:
https://t.co/PAOzDYeENM
2025 at the BWA is about empowering business leaders.
Businesses often start with passion & grit but struggle as teams grow.
We're building tools to help Canadian businesses w/ #decentwork - boosting retention, productivity, & profitability while supporting happier employees.
Like many of the most vibrant, walkable & enjoyable cities in the world, I want a Toronto with housing options, accompanied by cafes, corner stores and small local shops in neighborhoods where people are able to live, work and play. Let’s move on this vision at council this week.
Our Director @theaaronbinder joined TIAO on Tuesday to advocate for good jobs & small business supports across Ontario.
Check the thread to see who we met with!
Vet costs are way up in the last decade.
Why? Corporate takeovers.
Mars Inc., yes, the candy company, owns nearly 1/2 of all corporate vet clinics in the U.S.
When corporations dominate, costs rise, quality drops, & communities lose.
🔗 @BostonGlobe | https://t.co/YrrO0GWBDC
Canadian businesses are crunched.
- Retail & industrial rents are skyrocketing.
- Businesses are being pushed around by bad landlords.
- Access to fair capital is almost non-existent.
Thank you @kristynwongtam, @JessicaBellTO for listening. We look forward to taking action.
Thank you @BetterwayCAN, @CfifeKW, @JessicaBellTO & everyone who spoke at our Small Business Roundtable today. Small businesses are feeling the pinch and aren't getting special treatment from Doug Ford. We deserve a fair economy that supports small businesses. #ONpoli#TorCen
Unlike tax cuts, which often benefit high earners who save more, wage increases for lower-income workers often flow immediately back into local economies.
Wage increases are a win-win that makes business sense: higher wages create more customers.
https://t.co/E1weM0Ft6U
How Minimum Wage Increases Boost Local Economies:
The numbers tell a story: raising wages for 5% of workers lifts earnings for 15% of the workforce.
Workers then have more $$ to spend at local businesses create a cycle that strengthens main streets.
https://t.co/E1weM0Ft6U
Congrats to our friends in Alaska!
Minimum wage increases put more money in workers pockets - that often gets spent locally at small businesses.
When #minimumwage went up in Ontario in 2018, there was a notable increase in full-time jobs & economic growth.
🗳️ Alaska voters APPROVE $15 Minimum Wage and #PaidSickDays ‼️
More than 130 businesses joined our Alaska Business for Better Jobs coalition to support Ballot Measure 1 🥳#RaisetheWage
A healthy workforce is the best kind of workforce Canada can have.
Businesses that adopt PSD's have better workforce retention & productivity = more profit to re-invest back into the enterprise.
Read the benefits of Paid Sick Days in our 2-pager:
https://t.co/f3orQvyvpd
As retail rents have skyrocketed 67% in Toronto since 2020, @UWGreaterTO is creating stability for community partners.
Purchasing property removes the risk of rent increases and helps guarantee partners can deliver programs to community members.
🔗 - https://t.co/IqeubHoVgU
A new study shows female-led businesses are key to increasing workforce participation for women. When women succeed as entrepreneurs, entire communities benefit. Let’s break down barriers to empower more immigrant women to lead and thrive.
Many Canadian immigrants face limited access to traditional jobs, so starting a business often becomes their best – or only – option.
It’s a challenging path, but one that can drive economic growth and create opportunities for others, especially women.
https://t.co/PjJDaGF50p
The City's new Sidewalks to Skylines plan embraces BWA's approach to quality jobs. Key BWA wins:
- Support for employers offering quality jobs
- Recognition that worker wellbeing drives business success
Read the report (PDF): https://t.co/CgEFuuO5uL
We're passionate about supporting local businesses and keeping them on Canada's main streets. That's why we're attending (virtually) the @SBANinPlace's Community Ownership Summit!
Details here: https://t.co/aJmqid3Szz
@SBANinPlace Through our https://t.co/yQd8J9cN8s project we're working on policies and tools to help small businesses secure ownership, protect their spaces, and remain rooted in their communities.