TORONTO, Nov. 1, 2016 /CNW/ - With the Canadian economy flat-lined, today's Federal Economic Update offered no new measures specifically directed at small business. In reviewing today's announcement, the Canadian Federation of Independent Business (CFIB) noted its support of several infrastructure and immigration changes, but remains concerned with the size of the deficit and the absence of measures to reduce the tax and regulatory burden on job creators. Need for a balanced budget planWhile the government announced a decrease in the forecasted deficit to $25.1 billion, small business owners across the country continue to be troubled by the growing debt. "We would have liked the government to have laid out a concrete plan to get the deficit back down to zero. Middle class job creators need the predictability and confidence in the future that comes from a balanced budget," said Dan Kelly, President of CFIB. "Small businesses are behind well-managed infrastructure spending, and the infrastructure bank, on the surface, looks interesting," noted Kelly. "While CFIB is generally supportive of private/public partnerships, it would be troubling to have any links to public or public sector pension funds like CPP." Progress on immigrationCFIB is supportive of the government's plan to make it easier for businesses to get the kind of workers they need from around the world. While today's announcement streamlines the process for skilled workers, CFIB hopes there will be a similar plan in the coming months for the low-skilled workers Canada depends on as well.