It's more bad news for Alberta. Today the Canadian Federation of Independent Business released its Business Barometer for January 2016.
The Barometer measures Alberta's small business confidence. And it's fallen again.
December 2015 was the lowest the CFIB had ever seen small business confidence in Alberta in the 15 years since they began collecting this data. January 2016 is lower than that.
Amber Ruddy, the Alberta Director of the CFIB, says "one third of small business in Alberta report they will have to shrink their workforce, a last resort for many businesses”.
Alberta Businesses are in free fall, facing layoffs and bankruptcy. What is our provincial government doing? They're doing worse than nothing.
The NDP are delaying the spring sitting of the Legislature. They're delaying the budget. They increased taxes on job creators. They taxed everything under the sun with a carbon tax. They’re raising the minimum wage, which will kill the creation of new jobs for young people.
If any situation on Alberta ever called for an emergency session in the legislature, it’s the worst economic situation in Alberta since 1982. But Rachel Notley doesn't think so.
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