SoVote

Decentralized Democracy

Yonah Martin

  • Senator
  • Conservative Party of Canada
  • British Columbia
  • Apr/7/22 2:00:00 p.m.

Hon. Yonah Martin (Deputy Leader of the Opposition): Honourable senators, my question is also for the government leader.

Among the promises the Liberal government made to small businesses during the 2019 federal election campaign was a commitment to cut the cost of federal incorporation by 75%, from $200 to $50. This is a relatively small promise for a federal government to make, but it matters to entrepreneurs as every dollar counts when starting a new venture.

A recent answer to a written question on the Senate Order Paper states the government “continues to assess the impact of reducing the fee.”

Instead of saying when this fee will be cut, the answer notes that annual incorporations have increased by over 100% within the past five years.

Leader, this sounds very much as though the NDP-Liberal government has chosen to abandon this promise made by the Prime Minister to small businesses. Why?

151 words
  • Hear!
  • Rabble!
  • star_border