Mr. Speaker, I would like to talk about the tremendous work our government has done to support the growth of small business as we recognize Small Business Week across Canada.
We are continuing our work to reduce red tape by removing unnecessary and ineffective regulations, allowing businesses to grow and create more jobs.
We are reducing taxes and we are reducing the administrative tax burdens on small businesses by improving CRA's ability to provide quick and effective services.
By extending the hiring credit, we are making it easier for small businesses to expand their workforce and further stimulate economic growth. In addition, we are helping young entrepreneurs become the business leaders of tomorrow by contributing millions of dollars to the Canadian Youth Business Foundation.
We are also investing in research, development, and innovation programs that directly help small businesses with their efficiency and productivity.
It is clear that our government recognizes the critical role played by small businesses in our economy, and we will continue to provide them with our support.