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Tax cuts on jobs urged to spur Manitoba growth
A Bank of Canada study links payroll tax hikes from 1989 to 1993 to job losses and lower 1993 employment. Manitoba faces higher labor costs from CPP EI WCB and health levies, with CFIB estimating about 10 percent tax on the average Manitoba job. Ottawa's small steps may ease hiring disincentives, but broader tax cuts are urged to raise employment and tax revenue.
MENTIONED IN THIS ARTICLE
Bank of Canada
Revenue Canada
Manitoba
E.I
Workers Compensation Board
W.C.B
E.L/ III
W.C.B. Fund
Canadian Federation of Independent Business
U.S
Ottawa
Canada