Minister’s

Brenda Bailey, Minister of Jobs, Financial Growth and Innovation, has launched the next assertion on Small Enterprise Week 2023:

“This 12 months, Small Enterprise Week is Oct. 15-21. I hope you’ll be part of me in celebrating the numerous entrepreneurs and workers whose onerous work and dedication enormously profit communities all through B.C. All people has a favorite native store or restaurant that holds a particular place of their hearts, and these vital locations are integral components of our communities.

“There are greater than 500,000 small companies in our province that make up 98% of companies in B.C., which means roughly one in 10 British Columbians are small enterprise homeowners or entrepreneurs. In 2022, small companies contributed 34% to B.C.’s GDP, the very best in Canada.

“Whereas the previous couple of years have been difficult, from the impacts of world inflation, rising rates of interest and labour shortages, now we have labored hand in hand with small companies to search out new and modern methods to assist them succeed. By way of the StrongerBC Financial Plan, now we have diminished baby care charges by as much as $550 a month to assist extra dad and mom enter the workforce, allowed eating places to buy alcohol at wholesale costs, offered flexibility within the municipal tax price and elevated entry to the small enterprise company income-tax price, and extra.

“Within the coming weeks, our new Securing Small Enterprise Rebate Program will assist small companies get better the price of crime and vandalism and fund vandalism prevention. I encourage all small companies who’ve skilled property harm to use.

“As we transfer ahead our authorities will proceed on the lookout for extra methods to help individuals and companies as we construct a sustainable and inclusive financial system that works for everybody.

“This Small Enterprise Week, let’s exit and help our native eating places and companies and allow them to know the way vital they’re to all of us.”

Study Extra:

To seek out out concerning the StrongerBC Financial Plan, go to: https://strongerbc.gov.bc.ca/plan/