Lower the Corporate Income Tax rate to 1% for small businesses
"Wakeham committed that a PC government will lower the provincial Small Business Tax Rate to 1% – a 60% reduction in the current tax burden." — pcnl.ca, retrieved 2025-10-06
Create step-by-step guides to help new business owners
Phase out Corporate Income Tax for small businesses
"We’ll phase out the Corporate Income Tax for small businesses – giving them a break to help them stay open, hire more staff, and grow." — A Better Deal for People in Newfoundland and Labrador, retrieved 2025-09-27