CFIB

Coalition of leading industry stakeholders voice continued support for vital Canadian Payments Act amendments

Retrieved on: 
Wednesday, October 11, 2023

Expanded membership eligibility is essential to broaden safe access and participation on Payments Canada's infrastructure. By broadening access to include payment service providers, credit union locals, and operators of financial market infrastructures that meet regulatory and legislative requirements, the Government of Canada will foster competition and innovation and help ensure the future of digital payments happens within -- and not outside -- the regulatory system.

Key Points: 
  • OTTAWA, ON, Oct. 11, 2023 /CNW/ - Leaders across Canada's payments industry continue to demonstrate unified support for amendments to the Canadian Payments Act to expand Payments Canada's membership.
  • "Payments are changing at an unprecedented rate," said Tracey Black, President and Chief Executive Officer of Payments Canada.
  • Interac supports updating the Canadian Payments Act to enable broadened participation in national payments infrastructure and will continue to work with industry stakeholders to advance opportunities for increased access on our network and products."
  • The amendments to the Canadian Payments Act are long overdue and necessary to enable non-bank access to the payment system.

New Mastercard research shows Canadian small business owners need additional support to effectively prevent, recover from cyber attacks

Retrieved on: 
Wednesday, September 20, 2023

The reality facing small businesses in today's digital landscape is that cyber attacks are not a matter of if, but when—and what next?

Key Points: 
  • The reality facing small businesses in today's digital landscape is that cyber attacks are not a matter of if, but when—and what next?
  • To help Canadian small businesses start securing their business, Mastercard and the Canadian Federation of Independent Business (CFIB) have partnered to deliver the Cybersecurity Academy , with short lessons and free tools tailored to the needs of small businesses.
  • Mastercard also offers a range of free tools and insights via its Small Business Cybersecurity Hub to help owners and entrepreneurs understand cyber risk, effectively defend against cyber threats and create effective, actionable plans for swift recovery.
  • All small business owners face barriers to cybersecurity preparedness and recovery, but those challenges can be magnified for owners and entrepreneurs from diverse and underrepresented populations.

Canada’s unions reinforce strong opposition to any attempt to force federal public service workers back to work

Retrieved on: 
Wednesday, April 19, 2023

OTTAWA, April 19, 2023 (GLOBE NEWSWIRE) -- Canada's unions reiterate their strong opposition to any attempt by the federal government to introduce back-to-work legislation against federal public sector workers who are members of the Public Service Alliance of Canada (PSAC) and are currently on strike.

Key Points: 
  • OTTAWA, April 19, 2023 (GLOBE NEWSWIRE) -- Canada's unions reiterate their strong opposition to any attempt by the federal government to introduce back-to-work legislation against federal public sector workers who are members of the Public Service Alliance of Canada (PSAC) and are currently on strike.
  • “Let us be very clear: we are in total disagreement with the Canadian Federation of Independent Business (CFIB)’s push for back-to-work legislation,” said Bruske.
  • “It is wrong of them to ask the government to violate these workers’ rights and to misrepresent PSAC’s demands.”
    For Canadians and small businesses to have the services they rely on, we need a strong public service.
  • If the right to strike is weakened by the government legislating federal workers back to work, it will have a significant impact on every Canadian who expects to have their rights protected by their government.

Businesses need to do more to stay cyber safe

Retrieved on: 
Tuesday, November 1, 2022

IBC's research shows that many businesses need to do more to prevent cyber attacks, particularly when it comes to educating employees about the risks.

Key Points: 
  • IBC's research shows that many businesses need to do more to prevent cyber attacks, particularly when it comes to educating employees about the risks.
  • Only a quarter of employees surveyed (24%) report that their employer conducts phishing email simulations to help promote cyber vigilance.
  • IBC also launched the Cyber Savvy Challenge, which allows Canadians to test their cyber security knowledge through a quiz.
  • Businesses with questions about insurance, including cyber insurance, can speak with experts by contacting IBC's Business Insurance Helpline ( 1-844-2ask-IBC ).

Mastercard Launches "Secret Sauce" Campaign in Support of Women-Owned Small Businesses

Retrieved on: 
Tuesday, October 11, 2022

The campaign includes a funding program in partnership with Pier Five to help women small business owners further grow their businesses.

Key Points: 
  • The campaign includes a funding program in partnership with Pier Five to help women small business owners further grow their businesses.
  • "Being a catalyst for the small businesses community, means supporting all small businesses especially groups facing a greater set of challenges," said Raina.
  • To help further develop their businesses, Mastercard will provide five women-owned small businesses with $10,000 CAD in funding.
  • To help communities shop and support locally, Mastercard is encouraging women-owned small businesses to register on Google Maps as "Women-Led".

The CanadianSME Small Business Magazine is thrilled to announce the Small Business Expo 2022 in association with Caary Capital, a two-day virtual event for small business owners and entrepreneurs

Retrieved on: 
Wednesday, June 15, 2022

MISSISSAUGA, Ontario, June 15, 2022 (GLOBE NEWSWIRE) -- The CanadianSME Small Business Expo 2022 is powered by CanadianSME, a leading podium for small and medium-sized enterprises across Canada.

Key Points: 
  • MISSISSAUGA, Ontario, June 15, 2022 (GLOBE NEWSWIRE) -- The CanadianSME Small Business Expo 2022 is powered by CanadianSME, a leading podium for small and medium-sized enterprises across Canada.
  • The CanadianSME Small Business Expo 2022 is a continuation of their dedication to supporting Canadian SMEs.
  • The Small Business expo 2022 will welcome numerous experts sitting on an esteemed panel to conduct a meaningful discussion on various topics.
  • About Small Business Expo 2022;
    The CanadianSME Business Expo 2022 is the podium where business owners will get an unmissable chance to connect with over 2,000 industry professionals from across the country.

Mastercard launches cyber security "Experience Centre" at Global Intelligence and Cyber Centre of Excellence in Vancouver

Retrieved on: 
Wednesday, May 25, 2022

Collaborative space to facilitate tech ecosystem innovation, showcase latest advancements

Key Points: 
  • Collaborative space to facilitate tech ecosystem innovation, showcase latest advancements
    VANCOUVER, BC, May 25, 2022 /CNW/ - Today, Mastercard unveiled the " Experience Centre" at its Global Intelligence and Cyber Centre of Excellence ("Centre of Excellence") in Vancouver, BC, where local, national and international tech communities are invited to collaborate on cyber security innovation.
  • Announced in 2020, Mastercard's Global Intelligence and Cyber Centre of Excellence is leading innovation in cyber and intelligence (C&I), artificial intelligence (AI) and the Internet of Things (IoT).
  • Research from the Centre is already enhancing Mastercard solutions, combining the Centre's biometric security algorithms with existing cyber capabilities is creating new approaches to enhance online security.
  • "Vancouver and Canada more broadly are brimming with talent and expertise in a range of STEM fields, including cyber and intelligence," said Mansur Mirani, VP of the Mastercard Global Intelligence and Cyber Centre of Excellence in Vancouver.

GoBuyBiz.com: new Canadian platform for the purchase and sale of companies, franchises and commercial properties

Retrieved on: 
Thursday, March 31, 2022

GoBuyBiz is a powerful and secure solution that connects sellers, franchisors, brokers, and buyers in Canada.

Key Points: 
  • GoBuyBiz is a powerful and secure solution that connects sellers, franchisors, brokers, and buyers in Canada.
  • The new web and mobile platform www.gobuybiz.com is positioned to establish itself as the market leader connecting the greatest number of sellers and buyers of businesses, franchises and commercial properties.
  • "This is the only 100% Canadian AND bilingual platform, which opens up possibilities for other markets and increases the visibility of our buyers and sellers," he added.
  • MTY Group is a family whose heart beats to the rhythm of its banners, the very soul of its multi-branded strategy.

STATEMENT - CFIB statement on adoption of Bill C-2 and Bill C-3

Retrieved on: 
Friday, December 17, 2021

A full 80 per cent of small firms in need of financial support will no longer qualify for wage or rent subsidies due to the new programs' high thresholds.

Key Points: 
  • A full 80 per cent of small firms in need of financial support will no longer qualify for wage or rent subsidies due to the new programs' high thresholds.
  • Businesses that started after the pandemic began should be allowed to access all federal support programs.
  • CFIB is also concerned about the adoption of Bill C-3 which mandates 10 employer-paid sick days for employees of federally regulated businesses.
  • 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.

Business Barometer®: Businesses project unprecedented price and wage growth

Retrieved on: 
Monday, November 29, 2021

TORONTO, Nov. 29, 2021 /CNW/ - Small businesses project unprecedented price and wage increases over the next 12 months, according to the latest Canadian Federation of Independent Business (CFIB) Business Barometer.

Key Points: 
  • TORONTO, Nov. 29, 2021 /CNW/ - Small businesses project unprecedented price and wage increases over the next 12 months, according to the latest Canadian Federation of Independent Business (CFIB) Business Barometer.
  • "We have never observed price and wage increase plans at this level in the monthly Barometer's 12-year history," said Andreea Bourgeois, Senior Research Analyst at CFIB.
  • "This corresponds with higher shares of businesses saying that supply-chain issues and labour shortages are the biggest factors limiting their sales and production growth as well as a general stalling in businesses returning to pre-pandemic levels of sales."
  • 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.