At a time of prolonged and worsening economic uncertainty, small and medium businesses in Canada again find themselves in the eye of the storm. As the owner of a small business, it’s not only the palpable labour shortage, rising inflation or stock market declines making me uneasy; our federal government’s overt lack of focus on economic growth has put businesses in a place of peril.
The federal government should prioritize the procurement of all medical supplies to assist provincial governments with their inventory replenishment. The entire Canadian Healthcare system will need time to recover and we must assist all frontline healthcare workers , EMS, Police, Fire and other adjuvant workers with support and added recovery time post Covid-19. I recommend every worker who stepped up and met their professional obligations at off and onsite facilities receive additional paid recovery time at home along with psychological support services.
Simply, Canada needs to call out nations to formalize immediate free trade agreements. Canada not only has a trade deficit but also pays millions of dollars as dues to be a member of the Commonwealth yet we do not have a trade agreement with the UK? The single greatest economic recovery move we can make is to address our trade relations with China and Mexico.
Caring for our people, our lands, our wildlife and our natural resources is of paramount importance.
Our homes and corporate structures need to be greener, our emissions need to be reduced. Canada should lead the world with technology to reduce our imprint. We must incentivize through our public, private and educational sectors.
We must focus on getting back to our economic fundamentals. Support small businesses, including all enterprises such as doctors and medical clinics with total gross income of less than $2.5 million annually should forego any corporate tax for 2020/21.
The Indigenous Services budget is designated for economic development but needs to be more comprehensive and needs to be effective. Welfare does not address pride, self-worth, and self determination. Long term self sufficiency which comes with meaningful employment is the precursor to a healthy nation.
Veterans Homelessness and Transition post service should be a priority for the Ministry of Veterans Affairs. Incentivize Industry to hire vets, create a buddy system, and DO NOT release service men and women from healthcare rehabilitation services and treatment until they are fully recovered.