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MPs need to address eroding tax competitiveness

MPs need to address eroding tax competitiveness

New Parliament session: Small businesses need MPs to address uncertainty and eroding tax competitiveness

Source: CFIB

Ottawa, September 17, 2018 – With Parliament back in session today and an election year looming, MPs need to help small businesses remain competitive by reducing costs and regulations, says the Canadian Federation of Independent Business (CFIB).

“On top of escalating trade tensions that marked the past summer, small businesses are facing increasing cost pressures at a time when U.S. competitors are seeing their tax and regulatory burden go down,” said Dan Kelly, CFIB president. “In fact, new data shows small business optimism has hit record highs in the United States, while Canadian small firms remain stuck in neutral. In light of looming tax hikes, we’re calling on government to take immediate action so small businesses can grow, succeed and fuel the prosperity that benefits us all.”

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