As Alberta’s economy continues to struggle, the Edmonton Chamber of Commerce is worried about increasing government costs to local businesses.
Chamber President and CEO Janet Riopel says businesses are getting nailed from all sides, leaving them less profitable and struggling to meet their own operational costs.
“In the midst of a recession our businesses are facing a real piling on of costs; from the provincial government, from the federal government, and even from our municipal government,” explained Riopel. “From the provincial side, it includes the incoming carbon tax, the increased minimum wage, and higher corporate taxes. Government needs to consider what effect all of these cumulative costs are having on business.”
Riopel says the Chamber is urging the province not to increase the cost of doing business any further, saying it will only hamper and delay Alberta’s economic recovery.
She says it’s the creativity and productivity of Alberta businesses that will fuel economic growth in troubled times, and they’re urging the provincial government to keep spurring that on.
“We were really pleased to see the recently announced export program. It’s going to help businesses to access new markets — other markets. When they can’t grow their business here in Alberta they can understand how to access and have some funding to help them access other markets beyond our boundaries and help diversify that business and also our economy overall.” (mw/td)