TORONTO, March 15 /CNW/ - Retail Council of Canada (RCC) will be
available for comment and analysis when Federal Finance Minister Jim Flaherty
delivers the federal government's Budget on Monday, March 19.
As the Voice of Retail, RCC speaks for an industry that employs more than
two million Canadians and contributes approximately $390 billion in annual
sales to the Canadian economy. In its pre-budget submission, RCC identified
the following needs, concerns and recommendations on behalf of retailers
across the country:
- The policy orientation of tax policy should be shifted further toward
a great emphasis on reducing taxes for individuals.
- The federal government should implement personal income tax cuts and
changes in tax credit programs that will provide a boost to the real
personal disposable incomes of families earning low and middle
- RCC supports the federal government's commitment to implementing the
second proposed cut in the GST rate.
RCC will be closely monitoring the budget for these and other issues
affecting Canada's retailers.
About Retail Council of Canada
Retail Council of Canada (www.retailcouncil.org) is the Voice of Retail.
It is a not-for-profit association representing more than 40,000 stores of all
retail formats, including independent merchants, regional and national mass
and specialty chains, and online merchants.
Retail Canada of Council's Vice-President of Policy Development and
Research, Peter Woolford, will be in Ottawa and available for personal
interviews after the lock-up at Monday's announcement. Mr. Woolford can be
reached at (416) 801-3204.
For further information:
For further information: To arrange an interview, contact: Stephanie
Petroff, Manager, National Public Affairs, (416) 922-0553, ext. 228; e-mail: