Industry Canada

Industry Canada

November 08, 2010 11:31 ET

Minister of State Moore Highlights Government Support for Small Businesses and Tourism at Cold Lake Roundtable

COLD LAKE, ALBERTA--(Marketwire - Nov. 8, 2010) - The Honourable Rob Moore, Minister of State (Small Business and Tourism), met with small business and tourism leaders in Cold Lake, Alberta, on Saturday, November 6. The Minister of State discussed the importance of competitiveness and productivity in today's changing marketplace, and how the government is working to ensure the success of small businesses and the tourism industry.

"Small businesses and the tourism industry are both vital to Canada's economic well-being," said Minister of State Moore. "The Government of Canada understands this and has taken action to help both of these economic sectors to succeed and grow."

The federal government has lowered tax rates and increased the tax threshold for small and medium-sized enterprises (SMEs), allowing businesses earning less than $500 000 annually in Alberta and all across Canada to benefit from significant tax savings. By 2012, Canada will have the lowest corporate tax rate in the G7.

On September 30, Minister of State Moore announced the creation of the Advisory Committee on Small Business and Entrepreneurship to ensure that the concerns of SMEs are heard. This new private sector committee is mandated to advise the government on a wide range of issues of importance to SMEs, such as reducing the paperwork burden and improving business access to federal programs and information.

Many tourism businesses are small businesses, and Minister of State Moore noted that many of these initiatives will be of particular help to tourism operators. He also told tourism leaders about the government's current $1 billion in spending on programs, projects and activities to support the Canadian tourism industry. He outlined the government's commitment, through Canada's Economic Action Plan, to enhancing tourism experiences: the recent investment in the Trans Canada Trail; the $300 million in additional investments in VIA Rail; and funding for Parks Canada and National Historic Sites of Canada and for festivals and events.

The Minister of State also spoke about the government's plan to improve access to Canada for tourists, noting that air access negotiated by the federal government has opened the door to increased daily non-stop service by Canadian airlines to major centres in China, Japan and Mexico, among others. He also noted that he had recently led a tourism delegation to China to promote Canada and our Approved Destination Status, secured by the government.

Minister of State Moore also outlined the government's commitment to fostering a highly skilled tourism workforce. The government continues to partner with the Canadian Tourism Human Resource Council to help build a workforce that can anticipate and accommodate the needs of all of Canada's guests.

Lastly, he spoke of the importance of promoting Canada as a top international travel destination through increased funding to the Canadian Tourism Commission.

"Actions speak louder than words, and through Canada's Economic Action Plan and other measures, our government is helping small businesses and the tourism industry do what they do best," said Minister of State Moore. "Tourism operators will reap the benefits of our efforts to promote Canada abroad, and our work to improve Canada's tourist attractions. Small businesses will be able to grow without being tangled in red tape and will face fewer taxes. The result will be a stronger Canadian economy."

Contact Information

  • Office of the Honourable Rob Moore
    Minister of State (Small Business and Tourism)
    Catherine Godbout
    613-668-5406 (cell)
    Industry Canada
    Media Relations