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Ontario Prime Minister Promises to Offer Tax Breaks to Businesses Hiring Immigrants
Elections are on the horizon in Ontario One of the featured points of the Liberal party’s platform is their promise to prove tax breaks for businesses to encourage them hiring more new Canadians. This position brought a lot of controversy and debates in Conservative circles.
According to the Globe and Mail, “Liberal Leader Dalton McGuinty pledged to offer tax incentives for businesses to employ skilled immigrants. Progressive Conservative Leader Tim Hudak dismissed the policy as a “handout” that patronizes those it aims to help, before coming under attack from former conservative leader John Tory for “stirring” fear the Liberals would disadvantage non-immigrant workers.
While new Canadians and their advocates were receptive to Grit promises of greater assistance entering the job market, employers were more tepid, with some expressing skepticism such a program would bear fruit.
The Liberal plan would make businesses eligible for a tax credit of $10,000 for each immigrant hired in professions such as accounting, law, engineering and architecture.”
Source: The Globe and Mail. Read full articleTags: hiring immigrants, public policy