TORONTO – Ready or not for another Canadian prime minister named Trudeau, the business community seems unphased by the overwhelming Liberal parliamentary majority that will be taking over from Stephen Harper’s Conservatives.
The Canadian dollar was up overnight, but not by much, and even one of groups that has been most supportive of the Conservative pro-business agenda expressed eagerness to work with prime minister elect Justin Trudeau.
The Canadian Federation of Independent Business was quick to congratulate Trudeau early Tuesday but emphasized that its top priority is to reduce the corporate tax rate for small businesses as well as to control the overall burden of payroll taxes.
“We are eager to sit down with Justin Trudeau and the Liberal Party and get to work on the issues that matter most to Canada’s small businesses,” CFIB president Dan Kelly said in a statement. Read more...