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Alice Wong in Question Period
On May 4, 2016, Alice Wong asked one question in the House of Commons on the topic of Small Business.
The following is a transcript:
Hon. Alice Wong (Richmond Centre, CPC):
Mr. Speaker, just this week, Stats Canada showed what Conservatives have known all along, small businesses are the middle class.
Unfortunately, the Liberals do not seem to understand. Instead, they abandoned our small business owners when they broke their promise to lower the small business tax rate to 9%. This broken promise will cost our middle class $2.2 billion.
Why do Liberals continue to abandon our hard-working small business owners?
Ms. Gudie Hutchings (Parliamentary Secretary for Small Business and Tourism, Lib.):
Mr. Speaker, I am proud to rise in the House as a small business owner and operator in Newfoundland and Labrador for over 25 years. I am proud to stand with a government that understands small business owners need and want a robust economy to succeed.
We know that the small business tax rate is there to help companies grow, but we also know there is a loophole, as I mentioned yesterday. That is costing taxpayers an estimated $500 million a year. We are going to fix that problem and I look forward to being part of the team that will fix that.
Filed under: Parliament, Small Business, Video