Statement by the Prime Minister on Small Business Week

  • Page Views 1076
  • “This week is Small Business Week, a time to celebrate and thank Canada’s small and medium sized businesses for their immense contributions to our country’s prosperity. It is also an opportunity for current and aspiring entrepreneurs to connect, share experiences, and learn new ways to make their businesses even more successful.

    “Small business owners move Canada forward. They invest in our communities, transform new ideas into market-ready products and services, and unlock economic opportunities that create jobs and grow the middle class.

    “Small businesses are the backbone of our economy. They make up 98 per cent of all business operations in Canada, employ over 70 per cent of the total labour force in the private sector, and contribute more than 30 per cent to our gross domestic product.

    “We know that when small businesses prosper, so does Canada. That is why Budget 2017 introduced the Innovation and Skills Plan to remove barriers and help small and medium sized businesses reach new markets, and to ensure that they have the technology, talent, and tools they need to thrive, grow, and prosper. That is also why we have been meeting with small businesses and listening to their feedback as we work toward making Canada’s tax system more fair and competitive.

    “Today, I joined Ministers Morneau and Chagger to announce that the Government intends to lower the small business tax rate to ten per cent in 2018 and to nine per cent in 2019. These tax cuts will fulfill a promise we made to Canada’s small business owners and, more importantly, make sure that they can keep more of their hard-earned money to invest back into their businesses, their employees, and their communities.

    “On behalf of the Government of Canada, I invite all Canadians to participate in events across the country to celebrate Small Business Week. I thank the Business Development Bank of Canada for their annual organization of this special week and wish them every success with this year’s activities.” (PMO Media Relations:613-957-5555)

    Share

    New Posts Recently publish post More

    • 09 December 2018
      2 days ago No comment

      ‘Eat Bulaga’ scholar tops board exams

      “EAT Bulaga” scholar Jaydee Lucero, who topped the November 2018 Civil Engineering licensure examination, dedicated his well-earned success to his late father. Lucero, who graduated magna cum laude from the University of the Philippines-Diliman, got the highest passing rate of 97.20 percent among all the 13,887 examinees who took ...

    • 09 December 2018
      3 days ago No comment

      How about a show starring Kris and Bimby?

      KRIS Aquino should produce a show. Someone suggested that the actress and popular endorser could very well make her own program on national TV starring her and son Bimby Yap. The title of the program could be “Mom and Son,” added the observer. Well, why not? Kris has all ...

    • 09 December 2018
      3 days ago No comment

      How Iza is preparing for her altar date

      THE scintillating Iza Calzado is set to wed her fiancé, tech entrepreneur Ben Wintle, in a fun beach wedding very soon. The bride-to-be met her beloved, British-Filipino Benjamin Wintle seven years ago. “He is a tech entrepreneur and is the founder and CEO of the app, Booky, which started ...

    • 09 December 2018
      3 days ago No comment

      Karylle talks about mom Zsa Zsa Padilla amid ASAP issue

      “She’s good,” paniniyak ni Karylle sa kalagayan ng kanyang inang si Zsa Zsa Padilla. Naging usap-usapan nitong mga nakalipas na linggo ang diumano’y hindi pagkakasali ng Divine Diva sa ASAP Natin ‘To, ang reformatted Sunday musical-variety show ng ABS-CBN. Lalo pang tumibay ang hinalang may sama ng loob ni ...

    • 08 December 2018
      4 days ago No comment

      James Reid clarifies sports car ‘gift’ for Nadine Lustre

      When James Reid made Nadine Lustre feel a little extra special on her birthday by picking her up in a sports car, some assumed that he either owned the expensive ride or that he bought it as a gift. In an interview with CinemaNews, posted by Pep on Monday, ...

    %d bloggers like this: