TORONTO, May 1, 2014 /CNW/ - Retail Council of Canada (RCC) is concerned
that the Government of Ontario's budget released today places yet
another burden on business to pay for government-mandated programs.
"Retailers understand the need for Canadians to have adequate income
levels in retirement," says Diane J. Brisebois, President and CEO of
Retail Council of Canada. "The level of retirees' incomes affects the
overall economy and of course - determines people's abilities to buy
goods from our members," continued Brisebois.
"However there is a limit to the cumulative impact that retailers and
other businesses in this province should be expected to pay. We are
about to have the highest minimum wage in the country, we already have
the 2nd highest WSIB rates and now, a new provincial retirement pension plan.
This is yet another raid on employers to pay for government-mandated
RCC is however pleased the Government of Ontario listened to retailers'
concerns on new revenue tools to fund infrastructure.
"RCC had been opposed to proposed plans to introduce new revenue tools
to pay for investments in transport and transit infrastructure that
would have been unfairly targeted at retailers," said Brisebois. "We
applaud the government's balanced approach to reinvesting in the
infrastructure of this province to support the movement of goods and
people that is vital to a healthy economy."
Retail Council of Canada (www.retailcouncil.org) is the Voice of Retail. Founded in 1963, RCC is a not-for-profit
association which represents more than 45,000 stores of all retail
formats, including department, grocery, independent merchants, regional
and national specialty chains, and online merchants.
SOURCE: Retail Council of Canada
For further information:
Retail Council of Canada