Mr. Speaker, my question is for the Minister of Human Resources Development.
Currently if a proprietorship or partnership incorporates during the year Canada pension plan premiums start anew. Employees are subject to a refund of Canada pension plan premiums on filing their income tax returns. Small incorporated businesses are not eligible for such an overpayment.
Will the minister address this inequity which results in a form of indirect taxation on small and medium sized businesses as well as acts as a hindrance to business formation?