Mr. Speaker, I would like to thank the hon. member from Newfoundland and Labrador, and it should be said again: 300,000 children lifted out of poverty. That is an incredible accomplishment.
The government cut the small business tax rate from 10.5% to 10%, effective last January. As of January 2019, though, this rate was further reduced to 9%. For the average small business, this will leave an additional $1,600 per year to reinvest in the business and create better, well-paying jobs.