For Immediate Release | October 16, 2017
Dufferin County, ON: The Dufferin Board of Trade and the Canadian Chamber of Commerce welcome the government’s plans to revise its proposed tax reforms and to reduce the small business tax rate as a result of the comments and concerns expressed through the national #ProtectGrowth campaign and in consultations.
“Although we still have significant reservations on some of the proposed changes, it is encouraging to see a noteworthy effort from the government to take the opinion of small businesses into consideration in this new version of the proposed tax changes”, said Chair of the Dufferin Board of Trade, Pete Renshaw.
As Canadians celebrate Small Business Week, Chamber representatives congratulate the thousands of businesspeople who joined the mobilization and made their voices heard on this important issue affecting Canadian workers and employers.
The Dufferin Board of Trade also noted the Minister’s call for further input from Canadian businesses, and intends to continue providing a voice to ensure the tax system is simpler and less of a burden on Canada’s competitiveness.
“It is always more productive when government and business work together. We can only hope the government will listen as we provide advice on those areas where more remains to be done, and that they will propose concrete data to back up their claims. The Canadian Chamber will be working with the Dufferin Board of Trade and other chambers across the country for suggestions on reforms that can improve the competitiveness of Canada’s tax system. Lowering the small business tax rate is one such measure, but there is still much room for improvement,”said Perrin Beatty, President and CEO of the Canadian Chamber of Commerce. “We must ensure that Canada, and with it Dufferin County, remain attractive places to do business. Although there is a great deal of work to be done, today’s announcement is a positive first step, but we expect more and we will be vigilant on the next steps,” he concluded.
The Dufferin Board of Trade is a membership organization that champions a robust voice for the business community in Dufferin County. With over a century as a strong, trusted, and experienced advocate, the Dufferin Board of Trade is the frontline resource for business, working to ensure a prosperous and innovative business environment in Dufferin. Learn more at www.dufferinbot.ca.
The Canadian Chamber of Commerce is the vital connection between business and the federal government. It helps shape public policy and decision-making to the benefit of businesses, communities and families across Canada with a network of over 450 chambers of commerce and boards of trade, representing 200,000 businesses of all sizes in all sectors of the economy and in all regions. News and information are available at Chamber.ca or follow us on Twitter @CdnChamberofCom.
Nick Lumia, Communications and Policy Analyst
519.941.0490 Ext. 206