Small and medium-sized enterprises are known for facing tough hurdles in their search for financing, with SMEs considered high-risk among lenders. But a new report from CFIB finds that the smaller the company, the more difficult it is for them to access bank financing, forcing...
Up north, SMBs are looking beyond the "Big Five" for banking business. CFIB’s Doug Bruce details the trends and challenges that lie before the biggest banks, as inroads are being made by credit unions and even alternative online lenders.
Canada Post is ready to strike, and that could mean significant disruptions to small businesses making and receiving payments. Reports on Friday (Aug. 26) said Canada Post’s largest union gave its 72-hour strike notice, and while the Canadian Federation of Independent Business (CFIB) is pushing for...
Congratulations! If you’re reading this, you’ve survived another Christmas. The gifts have all been opened, and the only thing left to do is finish off the short week at work and toast in the new year. So, what did you miss while sugar plums were...
May 11, 2015
Chase Paymentech and the Canadian Federation of Independent Business (CFIB) have struck a new deal that allows CFIB small business members to receive preferred pricing from Chase’s payments services. This decision came after the CFIB spent years lobbying for Visa and MasterCard to reduce the average effective interchange rates on consumer cards. The deal between Chase […]
