Mr. Speaker, the CFIB says the small business job credit will in fact create 25,000 person-years of employment. They call it, “fantastic news for Canada’s entrepreneurs and their employees, and as such, can only be a positive for the Canadian economy”.
We are lowering EI payroll taxes by 15% and saving small businesses over $550 million over two years. In contrast, the opposition are supporting a 45-day work year that would drastically increase premiums by 35%, adding a $4 billion tax burden on Canadians.