More needed to help small business grow and create jobs

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TORONTO – Green Party of Ontario Leader Mike Schreiner says the Liberal government’s corporate tax cut isn’t enough to help small businesses cope with the rapidly rising cost of paying workers a living wage, and will do nothing to help them grow and create jobs.

“Cutting the corporate tax rate helps businesses maximize their profits, even if they do that by cutting jobs,” said Schreiner. “It’s obvious that neither Finance Minister Charles Sousa nor Premier Kathleen Wynne have ever operated a small business or a non-profit given their approach on this issue.”

The GPO plan to raise the exemption level for the Employer Health Tax from $450,000 to $1,000,000 in payroll would automatically and immediately benefit small businesses and non-profits to lower their labour costs. They wouldn’t have to fill out paperwork to apply or wait until they file their taxes. The GPO plan would not create a disincentive for small businesses to grow. It would create an incentive for them to create more jobs that pay better.

“Payroll tax reductions help small businesses by immediately lowering labour costs, improving their monthly cash flow and creating incentives to create jobs, ” said Schreiner. “Lower labour costs help businesses create more jobs and better-paying jobs.”

The GPO supports the planned increases in the minimum wage, but would also like to see increases in social assistance rates to help the most vulnerable in Ontario.

“Both policies would inject more money into local economies, benefitting local businesses and communities,” said Schreiner. “We are the only party advocating for a balanced approach, supporting a decent living wage for workers and lower payroll taxes for their employers.”

Real People, Real Solutions – Stack Brewing

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Real People, Real Solutions is a series of interviews with people who are making a difference in communities across Ontario. Hosted by GPO leader Mike Schreiner.

In recent years, the GPO has lead the fight to liberate local beer in Ontario. Liberating local beer helps create more local jobs and gives consumers easier access to the unique and tasty products from our craft brewers. In this episode, Mike talks to Michael Guillemette, Head Brewer at Stack Brewery, about how they have grown their business, and what the government can help do to further support Ontario’s craft brewers and their products.

Ontario’s craft brewers deserve fair access to the marketplace. We strongly believe allowing local brewers to open their own stores will create a fair playing field, foster local jobs in the craft brewing industry, and offer more choice to consumers. The government has taken some steps to do this, but more action is needed. We also strongly urge the government to adopt a model that supports local businesses for other regulated products such as Cannabis, as well.

About Stack Brewing
Stack Brewing officially opened its doors to the Sudbury community in June of 2013. Since then, Stack has won several provincial and national awards from the Ontario Brewing Awards and the Canadian Brewing Awards. Our brewery has gone through many expansions to meet the high demand for quality craft beer in Northern Ontario and has recently started to distribute product throughout Ontario.

With beers like Shatter Cone, La Cloche, Nickel City, Saturday Night, Panache and Valley Girl, it’s clear to see the branding represents everything that makes Northern Ontario cool, quirky, and unique. Check out Stack Brewery’s products on tap at your favourite pub, on the shelf at your local LCBO, Beer Store, and grocery store or visit the brewery at 1350 Kelly Lake Road in Sudbury.
https://www.stackbrewing.ca/

 

Create better paying jobs by lowering taxes on small businesses

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(Queen’s Park): The GPO is calling on the provincial government to lower taxes on small business.

“At Queen’s Park, there are two parties of big business and one party of no business,” says Green Party of Ontario Leader Mike Schreiner. “Greens are the only party standing up for small business.”

“Small businesses feel under attack by Liberal governments,” says Schreiner. “We need to help small businesses create more jobs and better paying jobs. We will do this by making it less expensive for businesses to create those jobs.”

The GPO is calling on the government to more than double the Employer Health Tax (EHT) exemption. Businesses with payroll of less than $5 million would not be charged the EHT on the first $1,000,000 of their payroll. The policy would help small businesses save up to approximately $20,000 per year and inject over $800 million into our local economies.

There are over 400,000 small businesses in Ontario. Small and medium-sized enterprises do more to create jobs, support sustainable local economies, and bring new ideas to market than any other kind.

“If we want more good paying jobs in Ontario, then the government needs to lower taxes on those jobs,” says Mike Schreiner.

The GPO’s tax reduction plan for small businesses will also help entrepreneurs and small business owners adjust to a rapidly rising minimum wage.

“I have always done my best to pay my employees fairly,” said Neil Kudrinko, award winning entrepreneur and owner of Kudrinko’s in Westport. “My biggest disappointment is the speed of the changes and lack of consultation and support to help me as an employer adjust to the changes. As is, this has definitely put a chill on my HR decision making.”

“We need to support small businesses in paying a living wage to workers,” says Schreiner. “The GPO is the only party with a balanced plan to support small businesses and living wages for workers.”

The GPO is on a mission to bring honesty, integrity and policies that work for people to Queen’s Park.
Sign our petition to support lowering taxes on small business.