
Tag Archives Tax rate

Greig: Federal tax backtracks aside, much of impact still unknown
The Canadian Association of Farm Advisors’ annual tax update showcased confusion and frustration at the federal government’s shifting plan to change how small business is taxed. “I was very, very offended by all of this,” said Kurt Oelschlagel, of BDO Canada, who was part of a panel on the government changes at the CAFA event, […] Read more

Feds pledge lower small business tax rate
UPDATED, Oct. 16 — The federal government says it will cut the small business tax rate to nine per cent from 10.5, a move seen as an attempt to counter a growing backlash against its July tax reform announcement. Prime Minister Justin Trudeau and Finance Minister Bill Morneau appeared side-by-side in Toronto’s far suburbs to […] Read more

Scrapping deferred cash tickets could ‘screw up’ grain-marketing system
It’s not just farmers who will be hurt if Ottawa axes tax break — the entire grain sector will be dramatically affected, says MNP
Reading Time: 4 minutes Removing the deferred cash ticket system won’t just hit farmers at tax time — it could also affect the entire supply chain, interrupting the flow of grain to international markets. “If they take this deferred cash ticket system away, you’re going to have farmers refusing to move grain when we need it to move,” said […] Read more
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