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Decentralized Democracy

House Hansard - 188

44th Parl. 1st Sess.
May 1, 2023 11:00AM
  • May/1/23 1:51:23 p.m.
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  • Re: Bill C-47 
Mr. Speaker, my colleague from Montreal mentioned the tool tax credit at the beginning of her speech. That is one provision in the budget that I think a lot of people in the trades are happy about. That said, at the same time the budget was announced, Statistics Canada outlined that there is a statistical drop in the number of people who are self-employed and starting businesses in this country. In fact, it is at a 40-year low. What that signals in our economy is that Canadians do not want to take entrepreneurial risks anymore. They do not feel that the economy is working for them. How does the member opposite justify all those things in the budget when the reality we see is that the small business and self-employment sector of our economy is dropping off a statistical cliff?
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  • May/1/23 1:52:18 p.m.
  • Watch
  • Re: Bill C-47 
Mr. Speaker, the reality is that the member opposite began his question by indicating that the budget includes an important measure for entrepreneurs and an important measure for workers. When he talks about the importance of our small business owners, I could not agree with him more. Small businesses are the backbone of our economy here in Canada. I would point the member to some of the comments made by the CFIB, the Canadian Federation for Independent Business. Its members were extremely pleased to see in our budget a long-standing request, which was to reduce credit card transaction fees. This is something that we worked on with CFIB and our entrepreneurs across the country; we got it done.
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