Small businesses are the backbone of the Canadian economy. Small businesses create more employment in the private sector than the big corporations. They create good, stable jobs. They offer competitive wages and benefits. And, because they’re small, they are flexible and nimble in adapting to changing global markets.
Best of all, their success stays local. They circulate dollars in regional economies and improve the communities around them.
Canada needs to support entrepreneurs. The health of our economy depends on the strength of our small businesses. However, they are often hampered by red tape and the limited funding options available to entrepreneurs makes it difficult for them to develop an idea, a product or enterprise. That’s why Green Party leader and MP Elizabeth May introduced a private members bill to ensure all laws and regulations receive advance review for their impact on small business.
The Green Party is the party of small businesses. Green MPs will:
- Establish a federally funded Green Venture Capital Fund to support viable small local green business start-ups.
- Reduce the paperwork burden on small businesses by eliminating duplicative tax filings and red tape.
- Ensure all new legislation considers the impact on small businesses.
- Hold taxation at no more than 9 per cent.