Hardeman Reports Oxford Business Survey Results
QUEEN’S PARK- Today in the legislature, Ernie Hardeman, MPP Oxford, reported the results of his annual Oxford business survey which found that local businesses are struggling under the growing red tape, rising cost of hydro, and increasing costs due to Bill 148, which has led 92% of Oxford businesses to say that the government is on the wrong track.
“The cost of doing business in Ontario is one of the main concerns for small business owners,” said Hardeman. “We can see just how concerned they are because we received a record number of responses—more than double the amount in previous years.”
The survey found:
- 74% reported increased hydro costs;
- 67% shared that the increased costs significantly impacted their business which forced them to make changes such as reducing staff hours; and
- 78% are members of a Chamber of Commerce or Business Improvement Area
“The increased cost of operating has significantly impacted Oxford businesses, forcing them to raise their prices and reduce staff hours or benefits while increasing the hours entrepreneurs are working simply to stay afloat,” said Hardeman.
The survey found that 92% of Oxford businesses think the government is on the wrong track, a 12% increase from last year. Oxford business owners continue to encourage the government to reduce red tape, cut small business tax rates, and lower the cost of hydro. Hardeman also noted that the reports concerning red tape and the cost of doing business are similar to those from last year and the year before that, showing that the government has failed to respond to these concerns.
In response to local job losses, Hardeman launched a Shop Local, Buy Local Campaign which encourages residents to shop locally and support small businesses. Shopping local helps support the community we live in, and encourages growth.
“I would like to thank all of the business operators who took the time to tell me about their business and share the challenges they are facing,” said Hardeman. “We recognize how hard they work, and I hope the government hears their concerns so we can work to create a successful business climate.”
For more information, contact:
Ernie Hardeman, MPP Oxford