General

Hiring credit for small business

On March 29, while campaigning in Edmonton, AB, Stephen Harper promised to implement a hiring credit for small business, which would provide a one-time credit of up to $1,000 against increasing EI premiums in 2011 to approximately 525,000 employers. According to the Tories, this would reduce small business payroll costs by about $165-million. The Hiring Credit for Small Business proposal had been included in the 2011 Federal Budget.

Looking for more?

Get the Best of Maclean's sent straight to your inbox. Sign up for news, commentary and analysis.
FILED UNDER: