OTTAWA, Sept. 9, 2013 /CNW/ - The Canadian Home Builders' Association (CHBA) today welcomed Finance Minister Jim Flaherty's announcement of a three year Employment Insurance (EI) premium freeze. "We congratulate the Government on its support of job growth by reducing the burden on businesses," said CHBA President Deep Shergill of Calgary. "This move will support stable financial planning for businesses, and therefore job growth."
"Lower employment costs will also encourage businesses - and particularly small business - to invest in younger workers, helping to address the critical need to develop the next generation of skilled tradespeople", Shergill added.
"For the CHBA, today's announcement, along with measures in the 2013 Budget, are moves in the right direction."
The Canadian Home Builders' Association (CHBA) is the national voice of the residential construction industry, representing more than 8,500 member firms across the country. Membership comprises new home builders, renovators, developers, trade contractors, building material manufacturers and suppliers, lenders and other professionals in the housing sector.
SOURCE: Canadian Home Builders' Association
For further information:
Kevin Lee, Chief Executive Officer