Madam Speaker, small businesses are the backbone of the Canadian economy. Before the pandemic, we cut their taxes from 11% to 9%. During the pandemic, we had their backs: We supported 450,000 businesses and 5.3 million Canadian workers.
Now we are going even further by targeting a new small business tax. We are working on reducing credit card fees. This is good news for small business and great news for Canadians and the Canadian economy.