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Decentralized Democracy

House Hansard - 10

44th Parl. 1st Sess.
December 3, 2021 10:00AM
  • Dec/3/21 11:29:46 a.m.
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Madam Speaker, small businesses have struggled through an enormously challenging year. On December 31, they will be ready to toast a more prosperous and brighter new year. However, who will be knocking on their doors when the clock strikes midnight? It will be the Liberal tax collector. The New Year's hangover this year will be the CPP increase. After such a difficult 2021, why are the Liberals increasing CPP taxes on businesses?
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  • Dec/3/21 11:30:56 a.m.
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Madam Speaker, the government says the January 1 payroll tax hikes are necessary, but a payroll tax needs a payroll to tax. Statistics Canada's most recent survey of business conditions says that one in four businesses expects their profitability to be down by the end of the year. There have been many times this year when more businesses have closed than opened. Is the government not concerned that a higher tax in this country's current economic conditions could cause further small businesses to fold?
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