Report on Small Business
 

March 23, 2019

 
Report on Small Business Newsletter: Top takeaways for private companies on the federal budget
 

Sarah Efron

 
Small Business Editor
This is the weekly Report on Small Business newsletter. If you’re reading this on the web, or if someone forwarded this e-mail to you, you can sign up for it and all Globe newsletters on our signup page.

 
We’ve got a great lineup for this year’s The Globe and Mail Small Business Summit. If you’re an entrepreneur in Ontario looking to grow your business, you’ll want to be at there. This year’s speakers include former Dragon’s Den star David Chilton, Kate Ross Leblanc from Saje Natural Wellness and celebrity chef Mark McEwan. It’s a day of seminars and talks that will give you inspiration and practical ideas to grow your business. Click here for more info. - Sarah Efron, Globe and Mail Small Business Editor

 
Federal budget 2019: Top takeaways for private companies

 
Skills and training are a notable budget theme for 2019, with some potentially significant benefits to Canadian businesses, in particular startups and companies in the process of scaling up. Here are some of the key takeaways. Story

 
With my business on the brink, I was about to get a lesson on the dark side of entrepreneurship

 
 
 
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I was on a lunch break from my job at Pier 1 Imports when I got the news I had been waiting for: I was getting a loan to open my own home decor store. Story

 
Ontario construction software firm Bridgit raises $6.2-million

 
The company now known as Bridgit Inc. began with what founders Mallorie Brodie and Lauren Lake call “crane hunting” – scouring London, Ont., for construction sites, looking for problems to solve. They found a few. And they’ve raised another $6.2-million to keep solving them. Story

 
As land values rise, it’s beloved small businesses that feel the squeeze

 
As land values in Vancouver climb, we’ll see more people mourning the death of a favourite small business forced to close. Story

 
Small businesses have credit scores too, and a good one can be financially helpful

 
Every time Jason Pereira’s financial planning firm leases a printer or talks to the bank about borrowing money, its business credit score is checked. Companies want to know not only with whom the firm is doing business, but also its financial wherewithal. Story

 
After four years, Bill Morneau has yet to make a mark

 
The spotlight has not always been kind to Bill Morneau. Take, for instance, a town hall meeting held in Oakville, Ont., in September, 2017. A couple of months earlier, during a sleepy summer, Mr. Morneau unveiled a package of changes to the small business tax regime. The issue soon blew up in his face. Story

 
Individual Pension Plan: a retirement option for those with an entrepreneurial bent

 
If you’re contemplating an exit from a job with a defined-benefit pension plan, but you’re not ready to stop working just yet, you may be wondering what the options are. Story

 
When to hire that first employee: a chicken-and-egg debate

 
Alicia Liebregts knew it was time to make her first hire when she encountered a somewhat pleasant entrepreneurial predicament about a year and a half ago. Rapid growth meant she and her business partner could no longer handle the number of clients that their marketing and advertising firm had acquired. Story

 
Canada has a skills shortage – but which skills, and where? Lack of data leaves the experts unsure

 
Five years ago, then prime minister Stephen Harper’s Conservative government was convinced that Canada’s labour market was sinking into a deepening skills-mismatch problem: There were plenty of skilled jobs available, but not enough qualified applicants to fill them. Story

 
WHAT WE’RE READING ELSEWHERE

 
‘Immigrant entrepreneur’ pilot program now open to applications

 
The province has officially launched its new Provincial Nominee Program (PNP) Entrepreneur Immigration Regional Pilot. The program, which will include the Sunshine Coast, is designed to attract entrepreneurs from around the world to establish businesses in regional communities. Coast Reporter

 
Employers look to refugees to ease labour shortage issues

 
In the midst of a growing labour shortage, more companies are looking to refugees to flesh out talent pools, according to experts. HR Reporter

 
Jim Estill, CEO and sponsor of 61 Syrian refugee families, invested into Order of Canada

 
A Guelph entrepreneur and philanthropist has been invested into the Order of Canada as a member. Jim Estill is CEO and owner of Danby Appliances. He is a committed mentor and investor in local technology startup companies. CTV News

 

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Portugal River Cruise
 
Join Globe and Mail Publisher and CEO, Phillip Crawley and Editor-in-Chief, David Walmsley as they host the second sailing of The Globe and Mail Portugal River Cruise from July 28 to August 7. This custom-built tour begins with a 3-night stay at the 5-star Tivoli Lisbon hotel and continues on from spectacular Porto where we embark on a journey through the beautiful Douro River Valley. All the while, cruise culinary hosts Tara O’Brady and Beppi Crosariol plus your favourite journalists will all be there to narrate the very best the region has to offer.
 
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About this newsletter
The weekly Report on Small Business newsletter is essential reading for entrepreneurs interested in growing their companies. It includes news and trends that impact your business and tips from the country’s top entrepreneurs. Visit The Globe's Small Business section.

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