LOWER TAXES...MORE JOBSPublished on May 18, 2018
Doug Ford today announced the latest Ontario PC measure that will help small business owners create good jobs.
“If you’ve spent time in almost any town in Ontario — you know that small businesses are the lifeblood of their communities,” said Ford. “But Kathleen Wynne has forgotten that small businesses even exist.”
Ford highlighted how, under Kathleen Wynne and the Liberals, small business hydro bills have tripled while many small businesses are struggling to stay open under the increased burden of red tape and regulations. The Canadian Federation of Independent Business recently reported that more than one-third of Ontario small businesses are thinking about shutting their doors or relocating.
Ford announced that an Ontario PC Government will help small businesses in Ontario by:
- Ensuring small business workers who make minimum wage will pay no provincial income tax.
- Reducing small business hydro bills by 12 per cent.
- Reducing the small business tax rate by 8.7 per cent.
“This is money taken out of the pockets of the government and put into the pockets of the mom-and-pop stores, the innovative start-ups and the family businesses,” said Ford. “Our plan is responsible and affordable. My message to small business owners and small business workers is this, on June 7 change is coming and help is on the way.”