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Small-business payroll tax hike 'unintended' result of Liberal EI pledge

from CBC News

The Liberal campaign pledge to cut employment insurance rates — but not as much as the Conservatives would have — could result in an unintended payroll tax hike for small employers, unless a small-business job credit is renewed for 2017. If Finance Minister Bill Morneau sticks to his party's campaign pledge, the EI premium paid by employers is expected to fall to $2.31 per $100 in wages from $2.63, starting in 2017. more


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