We announced our plan to cut payroll taxes by over 20 percent in 2017 and protect Canadian jobs from the dangerous Employment Insurance and CPP tax hikes promised by both Justin Trudeau and Mulcair’s NDP.
By dramatically reducing payroll taxes, Canadian workers will see their take-home pay increase and businesses - especially small businesses - will be able to create new jobs and invest in their current employees. Thanks to our Conservative government, Canadian workers and businesses are enjoying the lowest federal tax burden in more than 50 years. As a result, Canada's economy is growing and moving forward despite global economic instability.
Approximately 16 million working Canadians will see the benefits of our low-tax, balanced-budget plan to reduce EI premiums by more than 20% in 2017. Put simply, our plan will cut taxes on the middle-class and keep them low.