Parry Sound-Muskoka MP Tony Clement says the Small Business Job Credit is a good news story. He says it will lower small businesses’ Employment Insurance (EI) premiums from $1.88 to $1.60 per $100 of insurable earnings in 2015 and 2016. Firms that pay employer EI premiums equal to or less than $15,000 in those years will be eligible. Clement says small businesses are the backbone of the Parry Sound-Muskoka economy and that this payroll tax reduction will help them grow.
