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NEW In-House Counsel | Insurance | Intellectual Property | Immigration | Natural Resources | Real Estate | Tax
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Budget tries to keep it simple with two proposed tax changes

Thursday, March 15, 2018 @ 9:01 AM | By David Rotfleisch

The Trudeau government brought down its third budget earlier this month. The most significant changes related to private corporations — the backbone of Canada’s economy and the well known engine of job creation. The sugar that helped the medicine go down was a reduction in corporate tax rates.

Those reductions, promised in the 2015 election campaign and subsequently abandoned, then revived last fall as part of the fallout from the proposed changes to the small business tax regimen, lower the tax rate from the current 10.5...