Today, from his home riding of Guelph, Mike Schreiner outlined a plan for supporting small businesses and Ontario's workers through fair tax reform. This plan will result in an additional $1 billion remaining in communities each year to help businesses pay a living wage.
The Greens are committed to following through with the Liberals' plan to raise the minimum wage to $15 because it is simply the right thing to do. But Greens say they will not leave small businesses in the lurch.
The Green Party would increase the exemption level for the Employer Health Tax from $450,000 to $1 million in payroll for businesses and organizations with payrolls under $5 million. This would be paid for by reversing the Liberal's corporate tax cut for big businesses by 1%.
"Ours is a plan to support the small businesses with immediate cash flow relief that will help local, family independent businesses to continue thriving in this transition to better wages," added Schreiner.
Asked how his plan compares to Doug Ford's corporate tax cut, Schreiner said: "I've spoken with nearly all of the small business owners in Guelph and heard their concerns. They need cash flow support right now. They cannot wait a year or a year-and a-half like they would with a corporate tax cut."
Schreiner's home riding of Guelph is a small business heartland in Ontario, with creative entrepreneurs turning clever ideas into reality, from corner stores to high tech start-ups, local organic farms to advanced manufacturing, retailers to home builders.
