Media Release September 13, 2019
Liberals to make it easier to start and grow a business, moving Canada’s economy forward
Trois-Rivières, QC — A re-elected Liberal government will make it easier and more affordable for hard-working Canadians to start and grow their own businesses.
Right now, seven out of every ten Canadians work for small and medium-sized businesses — making them Canada’s largest employers and drivers of our economy. Yet for too many entrepreneurs, the costs of doing business is a barrier.
“After a decade of stalled economic growth and unemployment under the Conservatives, Canada’s economy has rebounded — largely thanks to the hard work of Canadians who started their own businesses,” said Leader of the Liberal Party of Canada, Justin Trudeau. “To keep that momentum moving forward, we cut the small business tax rate and now we’re making it possible for anyone with a good idea and a passion for what they do to start their own business and support their communities.”
In addition to cutting the small business tax rate from 11 per cent to 9 per cent, a re-elected Liberal government will remove barriers to success by cutting fees, reducing red tape, and creating funds for new business owners to find support. We will also:
These measures build on four years of strong Liberal support for small- and medium-sized businesses in Canada, including:
“More support for the wealthiest one percent won’t help the average Canadian get ahead,” said Mr. Trudeau. “Only Liberals have a plan to keep moving forward and give everyone a chance to succeed.”
Background: Making it easier and more affordable to start and grow a business
Media Release September 24, 2019
Scheer pledges support to small businesses
New Conservative government to repeal Trudeau tax increases and reduce red tape
Small business owners can look forward to a new Conservative government repealing Justin Trudeau’s tax increases and cutting red tape, announced Andrew Scheer at Cracker Jack’s Bar and Grill today.
“Justin Trudeau thinks small businesses are tax cheats, “said Scheer. “In the last four years, it has become more expensive than ever to run a business. Trudeau’s Carbon Tax raised the price of gasoline and heating, making it harder to pay monthly bills. His payroll tax hikes hurt the bottom line, and his unprecedented tax hike on small businesses in 2017 – although Canada’s Conservatives and business leaders came together to try to stop it – ended up costing small businesses even more.”
The government should not stand in the way and make life more difficult for those trying to make a living and grow their business.
Not only are small businesses victim to the Trudeau government’s tax hikes, small businesses across the country are also struggling under a massive regulatory burden. Justin Trudeau has imposed more than 4,300 job-killing, growth-choking federal regulations on Canadian business since 2015.
A new Conservative government will take several measures to support our small businesses:
“A new Conservative government will continue to celebrate small businesses as drivers of prosperity, and not view them merely as sources of revenue,” said Scheer. “It’s time to stop Justin Trudeau’s attacks on small business owners. It is time for Canada’s small businesses to get ahead.”
ANDREW SCHEER’S PLAN FOR YOU TO GET AHEAD:
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The Leader of the NDP, Jagmeet Singh, has promised to bring in a “hard cap” of 1% on credit card interchange fees, for all small- and medium-sized businesses. CFIG is seeking clarification of whether that is a reduction to an overall cap of 1%, or a reduction to 1% of all credit card fees, even for premium cards. A further update will be provided when that information is obtained.
© 2019 Canadian Federation of Independent Grocers