Prime Minister visits Edmonton to promote budget and support for small businesses
EDMONTON – Prime Minister Justin Trudeau shook hands with entrepreneurs in Edmonton while promoting his Liberal government’s recent budget and planned support for small businesses.
Trudeau explained Ottawa’s plan to cut taxes for small businesses, pointing to a recently announced $1 billion plan to create an independent federal agency for innovation and investment.
He says his government is committed to positioning Canada as a world leader in innovation.
Calgary’s only Liberal MP, George Chahal, joined Trudeau alongside community business leaders.
While at the historic Mercer Warehouse in the heart of the capital, the Prime Minister also answered questions from the media about refugees fleeing Ukraine and Afghanistan, the drug overdose crisis and the oil pipeline Keystone XL.
Trudeau was scheduled to meet with members of local Ukrainian and Afghan communities later in the day, then visit a nature-based solutions lab to highlight investments in green technologies.
“Canada has the lowest small business tax rate in the G7 and we want to use that tax rate to encourage more businesses to grow,” Trudeau said Tuesday.
“That’s why we’re making sure that small businesses can benefit from this tax rate for longer, even as they grow and develop, which means that as they grow, they can use this advantage. to invest in themselves, hire more people and even grow.” faster.”
This report from The Canadian Press was first published on April 12, 2022.
JOIN THE CONVERSATION