The PEI government is set to finally produce a balanced budget this year. That's welcome news to Island small business owners who have long been concerned with annual deficits and the growing provincial debt.
With a balanced budget on the horizon, we are now turning out attention to much needed tax relief. It's no secret that PEI is a high-tax jurisdiction. With hikes in recent years, Island small businesses want to see PEI become a more competitive jurisdiction- particularly since Canada Pension Plan (CPP) premium hikes are on their way and government is looking to introduce a new carbon tax.
Another top priority is to see government move ahead in it's agenda to reduce the red tape businesses face every day. Reducing paperwork and red tape goes a long way to saving businesses both time and money.
For more, read our pre-budget submission to government.