Thank you, Mr. Speaker. Mr. Speaker, the small corporate tax rate that we have in the Northwest Territories is one of the lowest in Canada. In fact, our small business corporate tax rate is at four percent. Ms. Lee mentioned 12 percent. That is referring to our large corporate tax rate. It was 12 percent. We previously moved it up to 14 and have announced, through the budget address, that we're proceeding to move it down to 11.5. So the small business corporate tax rate is at four percent, and we are having some discussions about how we can support the small business. Is it do we keep that area around; do we look at other programs we have in place that support northern businesses to see if there's something we could do with that? Thank you.
Floyd Roland on Question 348-15(4): High Operating Costs Of Small Businesses
In the Legislative Assembly on February 7th, 2006. See this statement in context.
Return To Question 348-15(4): High Operating Costs Of Small Businesses
Question 348-15(4): High Operating Costs Of Small Businesses
Item 6: Oral Questions
February 6th, 2006
Page 798
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