ST. LOUIS, Mo. — The Equipment Dealers Assn. and the Canadian Chamber of Commerce welcome the government’s plans to revise its proposed tax reforms and to reduce the small business tax rate as a result of the comments and concerns expressed through the national #ProtectGrowth campaign and in consultations.
“We look forward to productive discussions going forward to ensure that equipment dealers, their customers and our industry as a whole are treated fairly,” says EDA President/CEO Kim Rominger.
The Equipment Dealers Assn. also noted that the Minister has called for further input from Canadian businesses, and EDA intends to continue providing such a voice. EDA and the Canadian Chamber want to ensure the tax system is simpler and less of a burden on Canada’s competitiveness.
“It is always more productive when government and business work together. We can only hope the government will listen as we provide advice on those areas where more remains to be done. The Equipment Dealers Assn., the Canadian Chamber and other groups across the country will provide suggestions on reforms that can improve the competitiveness of Canada’s tax system. Lowering the small business tax rate is one such measure, but there is still much room for improvement,” Rominger says. “We must work to ensure that equipment dealers and their customers have a seat at the table during these discussions. This is a positive first step, but we expect more and we will be vigilant on the next steps,” he concluded
Founded in 1900, the Equipment Dealers Association (EDA), formerly known as the North American Equipment Dealers Association, is a non-profit trade organization representing 4,500 retail dealers extensively engaged in the sale and service of agricultural, construction, industrial, forestry, outdoor power, lawn and garden, and/or turf equipment. EDA provides essential value to its members by enhancing the dealer-manufacturer relationship and advocating for a positive legislative and regulatory environment. EDA is headquartered in St. Louis, Mo.
About the Canadian Chamber of Commerce:
The Canadian Chamber of Commerce is the vital connection between business and the federal government. It helps shape public policy and decision-making to the benefit of businesses, communities and families across Canada with a network of over 450 chambers of commerce and boards of trade, representing 200,000 businesses of all sizes in all sectors of the economy and in all regions. News and information are available at Chamber.ca.