Windsor-Essex Regional Chamber and Canadian Chamber Welcome Revised Tax Reforms and Lower Small Business Tax Rate but Remain Concerned

The Windsor-Essex Regional Chamber of Commerce (WERCC) and the Canadian Chamber of Commerce welcome the government’s plans to revise its proposed tax reforms and to reduce the small business tax rate as a result of the comments and concerns expressed through the national #ProtectGrowth campaign and in consultations.

As Canadians celebrate Small Business Week, Chamber representatives congratulate the thousands of businesspeople who joined the mobilization and made their voices heard on this important issue affecting Canadian workers and employers.

“We thank our membership for their hard work and perseverance to get these changes,” said WERCC President & CEO Matt Marchand.

The WERCC also noted the Minister’s call for further input from Canadian businesses, and intends to continue providing a voice to ensure the tax system is simpler and less of a burden on Canada’s competitiveness.

“It is always more productive when government and business work together. We can only hope the government will listen as we provide advice on those areas where more remains to be done, and that they will propose concrete data to back up their claims. The Canadian Chamber will be working with the Windsor-Essex Regional and other chambers across the country for suggestions on reforms that can improve the competitiveness of Canada’s tax system. Lowering the small business tax rate is one such measure, but there is still much room for improvement,” Canadian Chamber President & CEO the Hon. Perrin Beatty said.

“We must ensure that Canada, and with it Windsor-Essex, remain attractive places to do business. Although there is a great deal of work to be done, today’s announcement is a positive first step, but we expect more and we will be vigilant on the next steps,” he concluded.