Mr. Chairman, the number of companies that pay this tax are fairly small compared to the number of companies that there are in the Northwest Territories. So I don't anticipate any large, trickle-down affect that will effect government expenditures. I still come back to the point that it is a reasonable tax when you look at the average corporate tax rates across Canada, in my opinion. Thank you.
John Pollard on Bill 15: An Act To Amend The Income Tax Act
In the Legislative Assembly on March 25th, 1994. See this statement in context.
Bill 15: An Act To Amend The Income Tax Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
March 24th, 1994
Page 863
John Pollard Hay River
See context to find out what was said next.