Mr. Speaker, the Conservatives have abandoned the small business sector, even though it is a key economic engine.
While the tax rate for large corporations has steadily dropped, despite the recession, small and medium-sized businesses have received no assistance. Worse still, the Conservatives have completely scrapped the hiring tax credit for small and medium-sized businesses. The Conservatives say they want to focus on growth and job creation, but they are eliminating a major tool that can help them do so.
Why have the Conservatives scrapped the hiring tax credit?