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NEW In-House Counsel | Insurance | Intellectual Property | Immigration | Natural Resources | Real Estate | Tax

Federal government clarifies tax changes

Wednesday, October 18, 2017 @ 3:21 PM | By Carolyn Gruske

The federal government is once again attempting to get the message out that updates to the tax system are indeed designed to make wealthier Canadians pay their fair share and are not intended to penalize middle class business owners.

On Oct. 17, Prime Minister Justin Trudeau, Finance Minister Bill Morneau and Small Business and Tourism Minister Bardish Chagger announced they were cutting the small business tax rate. On Oct. 18, Morneau, joined by Minister of Status of Women Maryam Monsef and member of parliament Alaina Lockhart, explained...