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The Center Block and the Peace Tower in Parliament Hill

The proposed rules could result in a flight of capital out of the country, the group suggests

How the CRA will apply the new rules remains unclear

Front view of the Parliament building in Ottawa, late winter, early spring

The government’s proposal limits access to the lower small-business rate rather than taxing passive income above $50,000 at potentially punitive tax rates

Business owners expect to increase their investments by 3% this year to $140.5 billion

The ranking could drop should Ottawa implement the proposed legislative changes for private corporations

Businesses will have until Dec. 31, 2018, to adjust to the changes

  • By: Mia Rabson
  • December 13, 2017 December 13, 2017
  • 16:30
Canada could be facing significant “tax gap,” report finds

The figures don’t account for any changes small business owners may take to avoid paying more taxes

Ontario budget pledges financial sector reform

The government will spend $124 million over three years to help companies with fewer than 100 employees who hire youths aged 15 to 29

Feds take a “step in the right direction”

The SMEC provides the commission with advice on issues affecting smaller companies