March 2016 News Archive

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Absence of small business tax reduction in federal budget disappoints City

March 23, 2016 12:07 AM
(Red Deer, Alberta)

"City of Red Deer staff continued to analyze the federal budget into the evening. In its Economy Charter, Council identified small businesses as a key component of our local economy. We are disappointed to discover that the anticipated reduction to the small business tax was not in the federal budget. This reduction would have lessened the burden on this segment of the population. This incentive to small businesses, especially in Alberta, could have resulted in small business growth, new jobs, and economic diversification during the challenging climate we are navigating through.

Staff will continue to review the budget to better understand how the federal budget will affect Red Deer."

For more information, please contact:

Tara Veer
The City of Red Deer

Communications and Strategic Planning
The City of Red Deer

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