Futurpreneur Canada CEO addresses the Ontario Fall Economic Update
A STATEMENT FROM JULIA DEANS, FUTURPRENEUR CANADA CEO, ON THE ONTARIO FALL ECONOMIC UPDATE:
November 14, 2017
Responding to small business concerns about escalating costs, Ontario Finance Minister Charles Sousa introduced some significant offsetting relief in his fall economic update today.
Among the measures announced were a 22 per cent reduction in Ontario’s small business corporate income tax rate, a $124 million program for employers hiring 15- to 29-year-olds, expanded apprentice training with employer grants replacing tax credits, and a new “one‐window service” to access government services.
On behalf of the young Ontario entrepreneurs we support at Futurpreneur Canada, we welcome the Province’s efforts to respond to entrepreneurs’ concerns. These are measures clearly aimed at reducing costs and increasing job, market and financing opportunities.
For more information on the 2017 Ontario Economic and Fiscal review, click here.