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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