— October 6, 2017
The 10.5 per cent small business tax rate on the first $500,000 of income creates an incentive for many Canadian firms to stay small.
Canada’s economy has grown at or above 1 per cent in 18 different quarters since 2000.
— August 25, 2017
The federal government wants to crack down on tax rules for small businesses.
Corporate income taxes are largely paid by ordinary workers.
Growth expectations from private-sector economists have consistently declined since this government came to power.
By reducing the rewards of investment and entrepreneurship, governments in Canada have discouraged the very activity they profess to encourage.
The Chrétien Liberals reduced the capital gains inclusion rate to help improve Canada’s competitiveness and attractiveness to investors.
Subscribe to this RSS feed