The Top 3 Obstacles to Small Business Success report is aimed at starting a conversation about the underlying challenges that are weighing on small businesses and stifling job creation.
In the report, the OCC cites the rising cost of doing business as a major impediment to small business growth. In fact, OCC survey results show that one in twenty businesses in the province expect to close their doors in the next five years due to rising electricity prices. In addition, 38 percent will see their bottom line shrink, with the cost of electricity delaying or canceling investment in the years to come. Read the full report 3 Obstacles Small Business