Private corporation tax proposals could make financing conditions worse for small business

The government’s proposed measures will discourage the specialized large private corporations from undertaking advisory and financing activities in the small business sector.

Minister of Finance Bill Morneau, pictured May 16 leaving the National Press Theatre in Ottawa where he announced the government is willing to 'provide indemnity' to any investors to ensure the Trans Mountain pipeline is built.The Hill Times photograph by Andrew Meade

Opinion

BY IAN C.W. RUSSELL

May 21, 2018

Last summer, the federal government announced a series of tax proposals aimed at making private corporations “pay their fair share of tax." After a contentious consultation process, a revised version of the new rules came forward in the February 2018 budget. The reaction to the budget proposals ha...

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