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November 25th, 2013Committee meeting

Monique Moreau

Finance committee  Yes, it's a critical component for those businesses that can take advantage of that arrangement for their succession planning. Looking down the line, succession planning is going to be a challenge for this country. Making sure we have people who can take over those businesses or

November 25th, 2013Committee meeting

Monique Moreau

Finance committee  Sorry, I missed it. LSV...?

November 25th, 2013Committee meeting

Monique Moreau

Finance committee  I have no problem with that.

November 25th, 2013Committee meeting

Monique Moreau

Finance committee  Certainly. For many of our members—

November 25th, 2013Committee meeting

Monique Moreau

Finance committee  Yes, it will.

November 25th, 2013Committee meeting

Monique Moreau

Finance committee  Based on statistics you just read, and we have our own that are very similar, there's no question. We believe small businesses underpin the Canadian economy, essentially.

November 25th, 2013Committee meeting

Monique Moreau

Finance committee  Yes, I'd have to agree.

November 25th, 2013Committee meeting

Monique Moreau

Finance committee  It did. It allowed small business owners to receive a bit of a break during a time when the economy wasn't doing very well and they were just trying to get out of the recession. We have research that shows small business owners, in times of economic distress, are the first to hir

November 25th, 2013Committee meeting

Monique Moreau

Finance committee  I know there's this perception that small business owners are hiding money under the mattress and that's why they're not providing pensions for their employees or not providing wages or not hiring. As you said, many small business owners are receiving very small salaries. The mar

November 25th, 2013Committee meeting

Monique Moreau

Finance committee  I think so, yes.

November 25th, 2013Committee meeting

Monique Moreau

Finance committee  Our own research shows that they've been thrilled. As I was saying earlier, it's a low cost, they didn't have to apply for it, there's no red tape associated with it. CRA does the calculation, and they receive it when they qualify. We can't think of a better way to implement a ta

November 25th, 2013Committee meeting

Monique Moreau

Finance committee  CFIB lobbied hard for the credit, but it applies to all small business owners, whether they're members of ours or not.

November 25th, 2013Committee meeting

Monique Moreau

Finance committee  A tax credit like the small business hiring credit is a great example. We're looking at a variety of different measures through training, reducing the deficit, and bringing public sector wages in line with the private sector. There are a number of issues we'll be hoping to presen

November 25th, 2013Committee meeting

Monique Moreau

Finance committee  We have an excellent relationship with the Department of Finance and we've been quite pleased to be working closely with them over the years.

November 25th, 2013Committee meeting

Monique Moreau