The Canadian Federation of Independent Business says governments across the country need to act quickly if they want to reverse what it calls an “entrepreneurial drought” in Canada.

Senior Policy Analyst Kayode Southwood says the organization’s latest report focuses on solutions aimed at helping small businesses survive and grow.

Southwood says high taxes, staffing shortages, red tape, and difficulties accessing financing are all putting pressure on businesses across the country, including in northern communities like Thompson.

To hear more from Kayode Southwood with the Canadian Federation of Independent Business, tune into Thompson Today at 12:40 and 5:10.