SMEs ARE DRIVING THE ECONOMY.
HELP CLEAR THE ROAD AHEAD!

The COVID-19 pandemic and related health measures continue to hurt Quebec's SMEs. To weather the crisis, businesses will need governments to provide more support and show greater flexibility.
Help these SMEs make their voices heard!

SIGN THE PETITION

LOANS TO REPAY IN THE MIDDLE OF A CRISIS

SMALLEST BUSINESSES RISK BEING TAXED LIKE MULTINATIONALS 

A huge 259% tax hike for small business that cannot afford it!

An unjust rule requires businesses in the construction and service sectors to total 5,500 hours worked to be eligible to the small business deduction (SBD). Without these hours, they pay the same tax rate as big corporations!

Monthly payment that some companies, still weakened by COVID-19, will soon have to start making to the Quebec government. 

$1,454.061

Based on a $50,000 loan at an interest rate of 3% and with a 36-month amortization period under the Emergency Assistance for Small and Medium-Sized Businesses program.

Dear Minister Girard:

Quebec’s SMEs still need you! They continue to struggle with real economic challenges caused by COVID-19. 

Here are some ways to help them move forward and jump-start the economy:

  • Allow more time (10 or 15 years, rather than 3) for loan repayments under the Quebec government’s assistance programs (PAUPME and PACTE). 
  • Increase the subsidy portion of the assistance provided by Quebec. 
  • Allow SMEs to administer rapid tests freely and efficiently to their employees so they can reopen or stay open.
  • Improve the Emergency Assistance for Small and Medium-Sized Businesses (AERAM) program: 
  • Simplify the application process. 
  • Cover costs paid for all months of forced closure. 
  • Reduce the tax burden on SMEs: 
  • Abolish the policy requiring 5,500 cumulative hours for small business deduction eligibility. 
  • Lower the Health Services Fund contribution rates. 
  • Financially support businesses as they implement mandatory health measures (disinfectants, surgical masks, air filtration systems, etc.). 
  • In maximum alert zones, allow shopping on an appointment basis for non-essential businesses and other closed services (hair salons, private training, etc.). 
REVENUES WITHOUT SBD WITH SBD DIFFERENCE TO PAY
$50,000 $5,750 $1,600 $4,150
$100,000 $11,500 $3,200 $8,300
$150,000 $17,250 $4,800 $12,450
$200,000 $23,000 $6,400 $16,600
$250,000 $28,750 $8,000 $20,750
$300,000 $34,500 $9,600 $24,900
$350,000 $40,250 $11,200 $29,050
$400,000 $46,000 $12,800 $33,200
$450,000 $51,750 $14,400 $37,350
$500,000 $57,500 $16,000 $41,500

The Canadian Federation of Independent Business (CFIB) is Canada’s largest association of small and medium-sized businesses with 95,000 members across every industry and region. CFIB is dedicated to increasing business owners’ chances of success by driving policy change at all levels of government, providing expert advice and tools, and negotiating exclusive savings.

FRANÇAIS