3. Canada sheds 20,000 jobs in April, unemployment rate unchanged at 6.8%. Heavy lo...

Canada sheds 20,000 jobs in April, unemployment rate unchanged at 6.8%. Heavy losses in construction and retail trade.

more research and incentive for entrepreneurs to start new business?

I've started my own business. I feel like small businesses don't have the manpower to complete and file the paper work the government needs for this sort of thing. I've written SR&ED reports for a company and it takes weeks; you have to write the reports in a very specific manner, you need to go through reviews, the government will reject it and you have to rewrite it. All for a small reduction in your taxes. If I've only pulled in $10k, why would I spend weeks trying to knock a percentage point off my taxes? My time is better invested getting new business.

Small businesses would be better served by making the tax process easier. It's a fucking nightmare filing corporate taxes. So much bullshit to sort through. As soon as you have employees, it gets even harder. The actual process to pay the CRA is fucking stupid as well. They don't just have a website you can punch in your credit card on. Nope, you have to do it through your bank or mail them a cheque. What is this, the 1960s?

And then, when you start to get a little success and start getting noticed, your competitors will make an anonymous tip to CRA about you. If your shit isn't together, boom! Fined. If you run a business that needs some kind of government license, your competitors will call the RCMP on you and you will get investigated.

Then you try to ship something to US or Europe. Fucking forget about it. Red tape all over. Collect a different currency? HA, the accountant can double his rate now.

Do not fucking start a business. It is a Kafkaesque nightmare. If you manage to wade through all of the flaming dog shit the government and your competitors leave on your door step, you'll get stuck with some asshole employee who files workers comp on his first day on the job after getting a paper cut. Then your best client calls up and says he's cancelling because he was taken to lunch by the Senior Vice-President Director of Sales, North America division, from BigCo. and offered a laptop, a free cruise, some llamas, and a Saudi prince if he moves back to BigCo.

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