Ontario, 17 October 2022 (TDI): The Canadian Prime Minister, Justin Trudeau in a video statement applauded small and medium-sized businesses at the beginning of ‘Small Business Week.’
The Business Week commenced on October 16 and will last till 22, 2022. In an energetic tone, he began his statement by saying “Today marks the beginning of Small Business Week.
He went on to say that it is “an opportunity for us to celebrate the creativity, dedication, and innovation of Canadian entrepreneurs, and small and medium-sized business owners”.
Trudeau termed small businesses as the hearts of communities and the backbone of the economy. He termed local grocery stores, coffee shops, and corner stores or the ‘depanneur’ as the hearts of our communities and the backbone of our economy.
The Canadian Premier also hinted at the challenges that small business owners have been facing for the past two years, and ensured that his government will continue working with them to provide support available to them.
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When a small business does well, our economy prospers; it opens up job opportunities, and the development of communities, says Trudeau.
He also highlighted about the proposal of cutting down taxes for small businesses in the budget 2022. He also put forth the progress made in the following programs ‘Digital Adaption Program.’
Digital Adaption Program is an initiative to assist businesses in moving their services virtually and acquiring new technological skills.
While the ‘Small Business Financing Program’ will help entrepreneurs to access the required funds to make progress, innovate, and grow with an aim to build a better future for Canadians.
Prime Minister Trudeau said that the Canadian government is willing to assist small businesses during the incumbent wave of challenges; price hikes, higher wages of laborers, and the paucity of workers.
He underscored that “We will make sure that Canada will be a placid place to do business in, along with building more buoyant supply chains and enhancing more opportunities for immigrants to fill out the gap for workers.”