Lowering taxes and creating apprenticeship positions
Stephen Harper released his party’s Opportunity Plan for Small Business today in Saint John, NB. This package will assist small businesses as they grow by lowering taxes and creating apprenticeship positions.
“Canada needs small business,” said Mr. Harper. “But more importantly, small business needs a government in Ottawa that’s on the side of the people who work for themselves. The Liberals have spent 12 years making powerful insiders better off. A Conservative government will make independent businesses, apprentices and small business employees better off.”
Under the plan, a Conservative government will:
- Raise the small business threshold from $300,000 to $400,000;
- Lower the small business tax rate from 12 to 11 per cent over five years.
- Create an Apprenticeship Job Creation Tax Credit for employers hiring apprenticeships in any of the 45 Red Seal trades as an incentive to hire more apprentices.
Small business is the most dynamic part of the Canadian economy. There are 2.4 million small- and medium-sized businesses in Canada. The choice comes down to who will do the most good for Canada’s economy by keeping another hard-earned dollar – the small business entrepreneur or the government.
The Conservatives believe small business owners deserve to keep more of their own money. We will help entrepreneurs get ahead by rewarding hard work and making it easier to save.
