The federal government’s Budget 2022 contained several new proposed measures, both from a personal and corporate tax perspective, in addition to various new spending initiatives and tax credits. These measures will have some impact on the business community, but when it comes to Canada’s economic outlook as a whole—including strategies to manage runaway inflation and […]
Ontario’s Fall Economic Statement, released late last week, was clearly drafted with the province’s upcoming spring election in mind. With a focus on infrastructure and economic development, the statement is aimed at positioning the Progressive Conservatives as the party focused on economic growth, which is their traditional political wheelhouse. But it was also a decidedly […]
Thank goodness for the so-called ‘unicorns’ of the knowledge economy. They’re the ones powering innovation, transforming markets—or creating entirely new ones—and helping their CEOs become ultra-wealthy rock star business luminaries along the way. But sometimes when their companies grow quickly, those magazine cover-worthy leaders run smack into an insurmountable wall of managerial challenges. That’s when […]
Less than two weeks after I outlined a coming review of Ontario’s innovation tax credits and “other R&D tax incentives” by Doug Ford’s Progressive Conservative government, news broke in recent days that Queen’s Park is moving to cut several important innovation programs for entrepreneurs, as well as at least one designed to help start-up businesses […]
If research, development and innovation are the lifeblood of Ontario’s economy—not to mention well-used talking points amongst the province’s business-courting political class—then it’s no surprise that a new review of popular tax credits is giving many small and medium-sized business owners cause for concern. The recent Ontario budget, the first tabled by the newly-elected Progressive […]
While the 2015 federal budget may not have contained many surprises, it did contain more than its fair share of entrepreneur-friendly measures. From a reduction in the small business tax, to investments in innovation and help for targeted entrepreneurial groups, this was a pre-election budget intended to appeal to a wide range of stakeholders. Here […]
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