Thank you, Mr. Speaker. Mr. Speaker, in the area of finance, every year when we prepare our business plans we look at our options, all our tax rates, whether in fact the requirement for spending by this Assembly drives up the requirement for more cash, we would look at revenue opportunities as well as our competitive situation in the sense of possibly reducing our tax situation. The small business rate we have in the Northwest Territories, in fact, when we look at other jurisdictions and we do a comparison, is one of the lowest in Canada. Alberta government is in fact lower than us, yes, but at the same time we have to look at all the avenues we have and impacts of making further changes. But we do a comparison with other jurisdictions. In fact, as a result of the federal government's announcement of increasing their threshold for small business companies that qualify under small business, that has an impact on us, as well, and will help northern small businesses. Thank you.
Floyd Roland on Question 14-15(5): Impact Of Fiscal Policy On Small Businesses
In the Legislative Assembly on May 31st, 2006. See this statement in context.
Return To Question 14-15(5): Impact Of Fiscal Policy On Small Businesses
Question 14-15(5): Impact Of Fiscal Policy On Small Businesses
Item 6: Oral Questions
May 30th, 2006
Page 37
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