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Restore Consumer and Business Confidence
COVID-19 has not only been a health crisis, but for many Canadians, it has shaken their confidence in the future.
Confidence is essential to rebuilding our economy.
If you don’t have a job or are a senior who is worried about whether your savings will hold up, you don’t spend money.
If a small business owner is not confident that customers will show up, they don’t hire staff.
It’s a vicious circle.
The key is getting people back to work.
That’s why I will be Canada’s jobs Prime Minister.
When people are employed, they can spend with confidence.
To jump-start our economy and get people spending, I will allow Canadians to withdraw $10,000 from their RRSPs over each of the next two years. This may help them pay rent, fix up their house or go to a movie.
I will look at cutting or reducing the GST on some of our hardest-hit industries such as for hotels and restaurants while encouraging us to "Buy Canadian" and "Travel-in-Canada."
I will scrap the carbon tax and I will invest in re-training for Canadians whose jobs may be permanently impacted by this crisis.
These are just some of the elements in my eight-point Jobs Plan for Canada.
I will not only bring back jobs but restore our sense of confidence in our future.
- Allow a $10,000 tax free withdrawal from RRSPs for two years. This creates no bureaucracy, no government debt and lets people decide how to spend their money
- Encourage “Buy Canadian” and “Travel-in-Canada” initiatives
- Assess temporarily reducing or eliminating the GST for some of the hardest-hit industries such as restaurants, hotels and tourism businesses as well as raising the meal and entertainment expense deduction from 50 per cent to 100 per cent
- Scrap the carbon tax
- Partner with provinces, universities and colleges and trade institutes to provide re-training for Canadians whose jobs have been permanently impacted