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Decentralized Democracy

House Hansard - 333

44th Parl. 1st Sess.
June 17, 2024 11:00AM
  • Jun/17/24 2:59:00 p.m.
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Mr. Speaker, Niagara Falls is powered by tourism, and I am already hearing concerns from small business operators about the Liberal-NDP government's new capital gains tax. Simply put, after nine years, the Liberals do not care about small business. We should remember that it was the government that called them tax cheats. Now, these small businesses are falsely being targeted by the NDP-Liberal coalition as the top one percenters who need to pay more. How many family-run businesses are going to be unfairly taxed and face ruin because of the government's policy?
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  • Jun/17/24 3:00:18 p.m.
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Mr. Speaker, the member should be speaking to Nick and his family, who recently sold their tourism retail business after 40 years in operation. The price they negotiated this past winter did not account for the surprise, massive and unfair Liberal tax hike they will now be facing. In fact, Nick wrote to me that the sale was for the retirement of four families and that the extra loss of income, which they did not anticipate, is utterly unfair. Why is the Minister of Finance targeting small family-run businesses and ruining their retirement dreams?
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  • Jun/17/24 3:01:01 p.m.
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Mr. Speaker, unlike the Conservatives, who continue to mock the supports we provide small businesses and actually vote against all the supports we have provided to small businesses, on this side of the House we will continue to support small businesses. In fact on this side of the House we reduced small business taxes from 10.5% to 9%. We will continue to support small businesses and be there for them to start, grow and scale their businesses.
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  • Jun/17/24 7:02:01 p.m.
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Mr. Speaker, I found my colleague's intervention very interesting, because a distillery in my riding that had been in business for five or six years was forced to shut down. It was producing some absolutely extraordinary products, mainly fantastic gins. Unfortunately, it was forced to close down for obvious reasons. Small businesses like this one have to fill out literal mountains of paperwork on a daily and monthly basis to satisfy the government's ravenous appetite for red tape. I will ask my colleague if she can confirm that her goal is truly to reduce the amount of paperwork that these small artisanal producers of wine, cider, honey and other fabulous made-in-Quebec products are required to fill out.
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