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.
Business owners must spend significant amounts of money on accountants and lawyers to navigate the tax code.
The Trudeau government is pressing ahead with contentious reform plans for small business taxation.
Canada’s economy has grown at or above 1 per cent in 18 different quarters since 2000.
Le Québec est devenu un chef de file de la fiscalité au Canada, alors que l’Ontario et l’Alberta s’endettent
Since 1961, the average Canadian family has seen their taxes increase 157.6 per cent.
The federal government wants to crack down on tax rules for small businesses.
The current federal government raised the top federal personal income tax rate to 33 per cent.