Joe Oliver announced cuts to EI premiums for small businesses yesterday – but it’s not quite as easy as it sounds. It’s actually more of a tax credit only on the employer side, and only for two years, which Oliver insists is not a sign of worry, but “confidence” that they’re on the right path. Um, okay. Economist Stephen Gordon, meanwhile, shows that this kind of tax credit is actually more counterproductive because it encourages these businesses to stay small for tax reasons, and that by not actually cutting payroll taxes, they are not actually creating the right conditions for all small businesses to hire.
Tag Archives: Childcare
QP: Gleefully calling out leadership candidates
Despite a fall on the ice earlier in the morning, NDP leader Thomas Mulcair was in the House, perhaps a little tender, but ready to take on Harper nevertheless. He began by reading off accusations about the Conservatives’ Saskatchewan push-polling. Apparently it bears reminding that party business is not government operations, and therefore not the domain of Question Period. Harper rejected the accusations, and said that the party explained their actions and the boundary commissions were independent. For his final question, Mulcair wanted assurances that the next budget wouldn’t be another mammoth omnibus bill. Harper skirted around the answer. Peggy Nash carried on with questions about the future budget, to which Shelly Glover assured her that the 2012 budget was focused on jobs and long-term prosperity. For the Liberals, Bob Rae wanted assurances that there would be no partisan legislation to gerrymander the boundaries in Saskatchewan, to which Harper assured him that boundary commissions were independent and that he respected that. For his final question, Rae inquired after press reports that dairy was on the table in the CETA negotiations. Harper assured him that he was committed to protecting supply management, unlike a certain Liberal leadership candidate. *cough*Martha Hall Findlay*cough*