Madam Speaker, the average Canadian small business is now carrying $170,000 in new debt due to the pandemic. With business payroll taxes set to increase on January 1, this will be yet another hit to their ability to hang on. When I asked the government to freeze this tax hike, the associate finance minister shockingly said businesses “can afford” this.
Is the Liberal tax policy on small business that there is no problem or issue here, and that small businesses can afford this?