Small Business

The debate centered on various support measures for small and medium-sized businesses. Members of the Conservative party argued that tax deduction limits and the small supplier GST threshold have remained frozen for decades despite inflation, and asserted that U.S. tariffs are negatively impacting Canadian SMEs. In response, Liberal members stated that the government has implemented several support measures, including the ‘buy Canadian’ policy and investments of over $8 billion in key industrial sectors. The Liberals maintained that support for small businesses continues through regional economic development agencies and that various approaches are necessary to support the sector.Written by AI from the debate. Updated .

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4 statements

Brad Vis, Mission—Matsqui—Abbotsford

Conservative
“Small businesses create jobs. The small business tax deduction limit has stayed at $500,000 for 17 years while prices have gone up. I want the government to raise this limit to $700,000 so business owners can keep more money to grow.”
Official Hansard

Madam Speaker, during Small Business Week, we celebrate Canadians who take risks and create jobs, especially during these turbulent times. One of the most important tax measures available to small businesses, the $500,000 small deduction limit, has been left unchanged for 17 years, while inflation continues to soar. Will the Liberals agree with the Conservatives and raise the threshold to $700,000, so entrepreneurs can keep more of what they earn to invest and grow their business?

Brad Vis, Mission—Matsqui—Abbotsford

Conservative
“The sales tax limit for small businesses has been frozen at $30,000 since 1991, but costs have gone up a lot since then. Conservatives want to raise this limit to $60,000 to cut red tape and costs. Will the government accept our proposal?”
Official Hansard

Madam Speaker, that was a very serious question, and I hope to see the change in the budget, because that was not an answer. Here is another thing. The small supplier GST threshold has been frozen at $30,000 since it was introduced in 1991. Thirty-five years later, inflation has skyrocketed, costs have risen and small businesses have changed. Conservatives propose to increase the threshold to $60,000 to help entrepreneurs get ahead and reduce red tape. Will the government accept our proposal to help small businesses cut costs and invest more?

Jason Groleau, Beauce

Conservative
“U.S. tariffs are hurting our small businesses and risking millions of jobs. I want to know why the government is sending billions of dollars to other countries instead of helping our businesses here.”
Official Hansard

Madam Speaker, U.S. tariffs are hurting our small and medium-sized businesses. SMEs account for 99.7% of businesses in Canada and support nearly eight million jobs. According to the Canadian Federation of Independent Business, tariffs are leading to additional costs of $187,000 a month per exporting business. Why are the Liberals sending our money abroad, to the tune of billions of dollars, instead of supporting our SMEs and protecting the eight million Canadian jobs?

Jason Groleau, Beauce

Conservative
“The government is helping big corporations and ignoring small businesses. Tariffs are hurting these businesses, causing them to freeze hiring and cancel investments. The government collected over $9.7 billion in counter-tariffs. Instead of spending that money on illegal immigration, it should give it back to small businesses.”
Official Hansard

Madam Speaker, these measures are going to help big corporations. What I am saying is that the Liberals are turning their backs on our SMEs. Tariffs are having an impact: thirty-two per cent of Canadian businesses plan to scale back their operations, 24% are planning a hiring freeze and 23% intend to cancel their investments in Canada. The Liberal government has collected over $9.7 billion in countertariffs. Instead of spending our money on illegal immigration, for example, why not give that money back to the people who keep us going, to our SMEs?

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