Federal NDP leader touts jobs plan on 570 News Mid-day with Eric Drozd

Federal NDP leader Thomas Mulcair has announced a plan to help Canada’s manufacturers and small businesses create full-time jobs.

Mr. Mulcair told 570 News Mid-Day with Eric Drozd he is proposing an incentive to businesses to stimulate job creation.  “So for example we’ll cut the small business tax rate from 11 down to 9 per cent and what’s interesting there and people should know is that it’s the small and medium-sized businesses in Canada that create 80 per cent of new jobs.”

Mulcair says an NDP government would place greater emphasis on helping those businesses.  “Instead of giving the 50-billion dollar across-the-board tax decreases to Canada’s largest corporations as Stephen Harper has done and as Justin Trudeau agrees with, the NDP is taking a different approach.”

He is also proposing what he calls an “innovation tax credit” for businesses buying new equipment and machinery.

Mulcair says the federal government has not done enough to create full-time, well-paying jobs.  He says it has placed too much emphasis on the resource sector. “Instead of having well-paid jobs that come with a pension – a job with enough of a salary for a family to live on, they’re being replaced by part-time, precarious work in the service sector, contract work.”

He adds Canada has lost about 400,000 well-paid manufacturing jobs over the past few years.

Mulcair also says even service sector jobs, including retail are starting to disappear.

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