|By Marketwired .||
|April 4, 2014 04:36 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/04/14 -- Canada Revenue Agency
The Honourable Kerry-Lynne D. Findlay, P.C., Q.C., M.P., Minister of National Revenue, today highlighted the work the Government of Canada is doing to support business entrepreneurs across the country by cutting red tape. Minister Findlay made the remarks while participating in a panel discussion at the Vancouver Board of Trade (VBoT) on "Women in Politics: Reshaping the Landscape."
During Minister Findlay's visit to the VBoT event, she also discussed with participants the challenges women meet when playing important roles in the business community-as business owners, employers, public officials, and more.
The Canada Revenue Agency (CRA) continues to build partnerships with the small business community as well as provincial and municipal governments on initiatives such as the CRA's Business Number, the recently announced Liaison Officer Initiative (LOI) pilot project and the proposed Registration of Tax Preparers Program (RTPP). Businesses can expect more service enhancements over the next year through Economic Action Plan 2014, including the ability for businesses to save time by authorizing a representative and updating banking and direct deposit information online. Reducing red tape for businesses means that entrepreneurs can focus on growing their business, instead of filling out paperwork.
- Businesses identified over 1,100 irritants to the Red Tape Reduction Commission. The CRA has developed action plans to reduce or eliminate the compliance burden imposed by each irritant.
- A growing number of women are self-employed. In 2009, nearly 1 million women, or 11.9% of all those with jobs, were self-employed, up from 8.6% in 1976.(1)
- According to the BMO Financial Group, women-owned businesses currently employ over 1.5 million Canadians.(2)
- In a 2012 study, 71% of Canadian women indicated that they would like to start their own business and 83% of them said having access to role models or mentors would be important to their success. (3)
- Women-owned small and medium-sized enterprises have grown at an exponential rate in recent years. Today, more than 570,000 people are working in women-owned businesses, and 2.6 million people are employed by firms with some level of ownership by women.
"More and more Canadian women are entrepreneurs and business owners, building strong economic pillars in communities across the country. We applaud their efforts and dedication, and the Government of Canada is committed to making sure that they can devote more of their resources to growing their business rather than managing the administrative burden of government requirements. Our Government is engaging Canadian businesses, and using their feedback to significantly cut red tape and enhance online services."
The Honourable Kerry-Lynne D. Findlay, Minister of National Revenue
"Today's panel discussion is a great example of women helping women. We face unique challenges in the workforce, and networking, sharing experiences, and providing advice help us strengthen our community and pay it forward."
The Honourable Kerry-Lynne D. Findlay, Minister of National Revenue
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You can also watch our tax-related videos on YouTube.
(1) Statistics Canada and Status of Women Canada, Women in Canada. Chapter 5Paid Work (March 2012) (2) BMO Financial Group. BMO Women's Day Study (March 2012). (3) MO Financial Group. BMO Women's Day Study (March 2012).
Director of Communications
Office of the Minister of National Revenue
Canada Revenue Agency
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