CATEGORY: Articles

Chamber Supports MP Lauzon’s Town Hall About Federal Tax Proposal.

October 11, 2017

Stormont, Dundas, South Glengarry MP Guy Lauzon recently held a town hall meeting to get input from area businesses about the impact of the federal government’s changes to its tax legislation. Because the Cornwall Chamber advocates on behalf of the business sector, it worked with Mr. Lauzon’s office in publicizing the event.

A large crowd attended the town hall to express concerns and to hear the remarks, both from Mr. Lauzon and by Conservative Deputy Leader and Opposition Finance Critic, Lisa Raitt. The Canadian Chamber has also been vocal in its opposition to the proposed legislative changes as noted by its CEO, The Hon. Perrin Beatty.

“The government has portrayed these radical changes as ‘fair’ but in fact, there is nothing fair about penalizing countless small businesses that pay their taxes and contribute tirelessly to their communities,” said Beatty.

“If the government goes ahead with these sweeping measures, many business owners will no longer be able to access capital they have put away to stay afloat in an economic slowdown or keep a generations-old business in the family. The proposals will be crippling for hundreds of thousands of businesses and their employees,” he notes.

Since this summer, the Canadian Chamber has been calling on Finance Minister Bill Morneau to consider how these measures will hinder innovation and entrepreneurship across Canada. It asked the government to extend the rushed 75-day consultation period in favour of more meaningful engagements with the business community.

Chambers of commerce across the country, including Cornwall, are uniting against these attacks. A campaign has been launched to voice business concerns and provide the government with a clear picture of the impact on the small businesses it is targeting with these changes. In addition, the Canadian Chamber has participated in the formal consultations by providing a detailed submission.

“Canada’s business community will not give up. Nor will we be silent because formal consultations have ended. We will continue to take our case to Canadians until the government listens,” said Mr. Beatty.

For her part, Ms. Raitt assured the town hall attendees she planned to bring their concerns back to the House of Commons.

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