Translate Politics Parliament in plain language.

Small Business

During question period, in recognition of Small Business Week, a Liberal member asked how the government is supporting small and medium-sized businesses, citing innovative companies in her riding, including one developing electronic medical records that received a $1-million investment. The Minister replied that the government supports small businesses, pointing to financial support for businesses affected by tariffs and a reduced tax rate on new business investment.Written by AI from the debate. Updated .

Official text

2 statements

Marianne Dandurand

Liberal
“It is Small Business Week. Local businesses in my riding are creating new technology and growing. How is our government supporting them?”
Official Hansard

Mr. Speaker, it is Small Business Week. Many SMEs in my riding are innovating. For example, just this week, a $1-million investment was announced for Omnimed, a company that develops electronic medical records and plans to integrate artificial intelligence into its operations. We also have many manufacturing and agricultural businesses in our region. Our government needs to support these businesses. Can the Secretary of State for Small Business and Tourism tell us how our government is supporting businesses like those in my riding?

View on ourcommons.ca Grade A– View analysis

Rechie Valdez

Liberal
“Our government is supporting small and medium businesses. We gave 7.5 million dollars to businesses affected by tariffs. We also lowered the tax rate on new business investments to 6.4 percent.”
Official Hansard

Mr. Speaker, I thank my colleague for her question. Our government has taken significant measures to support SMEs. Businesses affected by tariffs have access to $7.5 million in financial support to invest in their growth. We have reduced the marginal effective tax rate on new business investment to 6.4%. I wish everyone an excellent Small Business Week.

View on ourcommons.ca Grade A View analysis

Discussion

No comments yet

See the full discussion

Comment rules

More from sitting 151

All 42 items ·
  1. Government Orders Strengthening Canada's Defence Sector Act 79 statements
  2. Oral Questions Public Services and Procurement 5 statements
  3. Oral Questions Finance 4 statements
  4. Oral Questions The Economy 8 statements
  5. Oral Questions The Environment 2 statements
  6. Oral Questions Immigration, Refugees and Citizenship 15 statements
  7. Oral Questions Canadian Culture and Identity 4 statements
  8. Oral Questions Public Services and Procurement 11 statements
  9. Oral Questions Finance 2 statements
  10. Oral Questions Employment 10 statements
  11. Oral Questions International Trade 7 statements
  12. Oral Questions Finance 8 statements
  13. Oral Questions Small Business 2 statements
  14. Oral Questions The Economy 2 statements
  15. Oral Questions Health 2 statements
  16. Oral Questions Justice 2 statements
  17. Government Orders Government Orders 2 statements
  18. Government Orders Strengthening Canada's Defence Sector Act 44 statements
  19. Private Members' Business Canada Revenue Agency Act 6 statements
  20. Government Orders Canadian Fuel Affordability Act 164 statements
  21. Adjournment Proceedings Adjournment Proceedings 4 statements
  22. Adjournment Proceedings Adjournment Proceedings 4 statements
  23. Adjournment Proceedings Adjournment Proceedings 4 statements