SoVote

Decentralized Democracy

Senate Volume 153, Issue 71

44th Parl. 1st Sess.
October 19, 2022 02:00PM
  • Oct/19/22 2:00:00 p.m.

Senator Martin: Yes, but on a week we should be celebrating small businesses, the Bank of Canada has announced the worst drop in business outlook since 2020. Many businesses expect slower sales growth as interest rates rise and demand slows. Many think a recession is likely within the year, and fewer businesses are planning to hire. With the central bank’s indicators falling, if the government is still determined to heap more taxes on small businesses, will they at least consider providing some relief by delaying these hikes until the economy improves?

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