Thank you, Mr. Speaker. Mr. Speaker, supporting small businesses is one of my number one priorities. Northern entrepreneurs work hard for their success. My riding of Kam Lake is home to many of these successful enterprises that directly contribute to our economic well-being and create jobs for our residents.
We have an obligation as leaders of this territory, to expand employment opportunities and grow a resilient economy that can withstand the boom and bust cycle of resource development. The best place to start is by investing in our local economies through support for entrepreneurs and small businesses. Mr. Speaker, our businesses contribute so much to the NWT and they are critical to our future growth. This government made a commitment to lower taxes for small businesses. The cut in the tax rate by as little as one per cent will make the NWT the most tax competitive jurisdiction in Canada’s North.
Mr. Speaker, I have not seen such a commitment from this government in its recent budget and I’ll be asking questions of the Finance Minister today to find out when a tax cut will come for businesses and when they can expect to see some of that money flow back to them. Thank you, Mr. Speaker.