The parties' promises on Startups and small businesses | 2025 Newfoundland & Labrador election - VoteMate

Jobs, Businesses, & Labour

Startups and small businesses platforms

Here's what the 2025 Newfoundland & Labrador election parties are promising.

We don't have any Liberal policies on Startups and small businesses.

PC

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

NDP

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

Looking for the parties' positions on other topics?

See our full 2025 Newfoundland & Labrador election platform comparison