Businesses across Canada are speaking out against proposed federal tax changes that seriously threaten the future of small businesses, the medical and dental professions, farmers, and family businesses. The government has set a deadline of October 2, 2017 for feedback.
We’re inviting businesses throughout the region to provide us with case statements of how these changes might affect their businesses and their lives. We’ll be sharing this with Nanaimo-Ladysmith MP Sheila Malcolmson, and the NDP’s Critic for Small Business & Tourism, Gord Johns Member of Parliament for Courtenay-Alberni. We are also working in concert with the Canadian Chamber of Commerce who have an action plan in place targeting the Minister of Finance.
Here are links to white papers outlining the issues (prepared by MNP) for more information, a link to a news segment on Global television, a link to the video of our round table event with Sheila Malcolmson on September 6, a PDF of a Canadian Chamber statement, the Nanaimo Chamber media release issued September 8 and a template letter you can use to submit your concerns to your local MP, or submit to the Chamber to use in our communications with the federal government through our MP and to the Canadian Chamber to bolster their efforts on behalf of thousands of Canadian businesses.
Summary Paper – Department of Finance Proposed Changes for Canadian Entrepreneurs
Income Sprinkling: How the Proposed Legislation Impacts You and Your Business
Tax Rule Changes: Impacts on Passive Investments, You and Your Business