Waterloo Region Record
May 20 2014
You just can’t cut your way to economic growth.
Ontario Progressive Conservative Leader Tim Hudak thinks you can, and he has promised to create a million new jobs, mostly by cutting 100,000 provincially funded workers and cutting the corporate tax rate by 30 per cent.
Canada already has one of the lowest business tax rates in the world, and Ontario has the lowest rate in the country. If lower taxes lead to more jobs, we would be swimming in them. So, why aren’t we?