Uptick in business bankruptcies just the tip of the iceberg, CFIB says
Draft legislation includes expanded SBD access, definition of substantive Canadian-controlled private corporation
False assumptions and biases limit advisors’ ability to serve the wealthiest clients, suggests a family office consultant
Taxpayer incentives, pension fund mandates are options worth exploring
The federal budget proposed increasing the level of taxable capital at which a business can still access the small business rate
But with no adjustment to the passive income rules, some companies will remain shut out
Omicron restrictions, inflation and rising interest rates are top concerns for businesses and consumers
The program has provided loans worth almost $50 billion to more than 898,000 companies
CFIB calls for further support from federal government
Even before the new variant, only about one-third of small businesses were back to normal sales