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Alice Wong in Question Period
On October 18, 2016, Alice Wong asked two questions in the House of Commons on the topic of Small Business.
The following is a transcript:
Hon. Alice Wong (Richmond Centre, CPC):
Mr. Speaker, first the Liberals cancelled the small business tax cut. Then they decided to cancel the hiring credit and raise CPP premiums, which will make it difficult for employers to hire new staff. To make matters worse, the Liberals’ new tax on everything will make it harder for small businesses to survive. The Liberals are determined to make job creators pay for their reckless spending.
How can the minister justify this treatment of our small businesses?
Hon. Bill Morneau (Minister of Finance, Lib.):
Mr. Speaker, I am happy to take this question. I would like to address one particular issue in that question, and that is around the Canada pension plan.
We were so proud to work together with nine provinces to come up with a Canada pension plan enhancement. What that is going to do for small businesses, we know, is to allow them to put in place a very gradual increase in contributions from employees and from companies, a contribution that will go from 2018 to 2025. We put in place a long implementation plan that will allow us to increase the amount of retirement security for Canadians, enabling small businesses to keep their employees comfortable for the long term.
Hon. Alice Wong (Richmond Centre, CPC):
Mr. Speaker, our small business owners are our middle class and are being attacked by the Liberals’ policies.
With this week marking small business week, can the minister assure small business owners that the Liberals will do the right thing and reinstate the small business tax cut?
Hon. Bardish Chagger (Leader of the Government in the House of Commons and Minister of Small Business and Tourism, Lib.):
Mr. Speaker, I am so proud to stand on this day to answer the member’s question, especially because it is small business week. Small business week was started 37 years ago under the leadership of the Business Development Bank, a bank exclusively committed to small business owners.
This government has lowered taxes on middle-class Canadians. Middle-class Canadians are our small business owners, they are our consumers, and they are the people who support the backbone of the Canadian economy.
This government has invested $11.9 billion in infrastructure spending. This government has invested $500 million in broadband for rural and remote areas, and the list goes on.
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