Party leaders share their small business platforms with CFIB
From smallbizadvisor:
Shortly after the election was called the Canadian Federation of Independent Business (CFIB) asked the federal party leaders to provide their ideas on how they would help small businesses if elected.
…
As a strictly non-partisan organization, CFIB has highlighted elements of the platforms to help business owners make their own decisions:
Commitments for Small Business (in alphabetical order by party):
- Bloc – a tax credit for small firms hiring youth
- Conservative – an EI hiring tax credit for small firms
- Green – cutting payroll taxes by one-third
- Liberal – an EI hiring credit for youth and the amalgamation of programs for entrepreneurs
- NDP – a cut to the small business corporate tax rate to 9% and hiring credit
Ideas to Small Business the CFIB does not support (in alphabetical order by party):
- Bloc – an increase in CPP premiums
- Conservative – no plan on unfunded public sector pensions estimated at $200 billion
- Green – a hike in CPP maximum pensionable earnings
- Liberal – an increase in CPP payroll taxes and corporate tax hike
- NDP – a massive increase in payroll taxes and expansion of EI benefits
You can read the full article here. Find out more about the Canadian Federation of Independent Business on their website.
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Photo Credit: “don’t be late” by haven’t the slightest on Flickr