TROIS-RIVIERES, Que. — Liberal Leader Justin Trudeau is unveiling a package of pledges today that he says will help boost small and medium-sized businesses.
During a campaign stop in Trois-Rivieres, Que., Trudeau says a Liberal government would eliminate the so-called “swipe fee” on sales taxes that merchants must pay to credit-card companies on every transaction. He also says, if elected, the Liberals will reduce the cost of federal incorporation, remove all fees for business advisory services from agencies like the Business Development Bank of Canada, and create a voluntary payroll system to automate records for small businesses.
A Liberal government would also launch a pilot project that would provide as much as $50,000 for up to 2,000 entrepreneurs to help them start a business.The Liberals estimate the measures would cost the federal treasury $129 million next year, a number that would rise to $163 million in 2023-24.
Reducing the cost of incorporation would be welcome, but why would I want a federal subsidy for my business to build a website (and I say that as the owner of a small business with no website)? What public policy interest does that serve? Just lower my taxes and go away.
I hate announcements like these. Fees will just increase on the non tax component, value of rewards might decline. It’s a zero sum game.
Much like the dippers and the greens ? Can promise anything when you know you won't form the next government
they're lying. they will do no such thing... just like the Ontario Lying Liberals promise of lower insurance rates. 4 elections in a row, never happened, insurance rates increased, coverage decreased. LiberalsAreLiars