The Canadian government is proposing sweeping changes to small business taxes. Nobody supports tax evasion or loopholes. But these changes will severely hurt small businesses.
Small businesses are the backbone of our communities – they drive local economic growth and employ countless middle-class Canadians. This government has said it is committed to providing new opportunities for small businesses to grow and to helping the middle-class. But, if the government moves ahead with its tax changes, it will hinder the prosperity of small businesses. The ability of business owners to invest and grow their business will be limited, forcing many to close their businesses or cut jobs.
The Canadian Chamber of Commerce and its network of provincial, territorial and municipal chambers of commerce, including your Sault Ste. Marie Chamber of Commerce, is asking you to add your voice to those of concerned Canadians.
We are calling on the Government of Canada to:
- Rethink its proposed tax changes to ensure no harm is done to small businesses across Canada.
- Launch meaningful consultations with the business community to address any shortcomings in tax policy without unfairly targeting independent businesses.
- Consider a comprehensive review of the Canadian tax system with a view toward fairness and simplification for all taxpayers.
Sign our petition to urge the Government of Canada to put these changes on hold to avoid hurting small businesses across the country. We need to hit pause and make sure we have a plan that is fair but does not kill the ability of small business to grow and hire more people.