Small businesses key to strong economy, say Greens

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For Immediate ReleaseJuly 11, 2013
 
London – Green Party leader Mike Schreiner toured London with London-West candidate Gary Brown today, highlighting policies to help local businesses transform London’s economy.
 
“While the old-line parties at Queen’s Park play political games, our economy is stuck in the mud,” says Schreiner. “Small and medium businesses are the backbone of our economy and communities. We need Greens at Queen’s Park to drive change and fight for our entrepreneurs.”
 
“The status quo has left us with an unacceptable unemployment rate,” added Brown. “The same old thinking that got us into this mess won’t get us out of it. We can rebuild London’s manufacturing base by supporting clean tech innovation, and we need a Green voice to fight for this kind of change.”
 
Small- and medium-sized businesses were the only sector to create jobs in the last recession. 
 
“The old-line parties fail to understand how small businesses and entrepreneurs generate jobs,” says Schreiner. “We can’t let their old ideas hurt our economy.”
 
The Green Party is calling for:
 
• Tax cuts to support small businesses, entrepreneurs and clean technology companies in creating jobs,
• A reduction in payroll taxes by raising the exemption level for the Employer Health Tax from $450,000 to $800,000 in payroll,
• Government procurement policies that support local businesses, and
• An investment tax credit for clean technology companies. Clean tech is one of the sectors of the global economy.
 
“Ontario must invest where the puck is going, not where it is,” says Schreiner. “Climate change threatens our communities and our economy. Investments in clean tech innovation will not only create jobs but also combat climate change.”
 
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