How the CRA will apply the new rules remains unclear
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
The figures don’t account for any changes small business owners may take to avoid paying more taxes
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
A look at the changes to income sprinkling, passive investment income and converting income into capital gains