On July 18, the Liberal Government proposed small business tax reform. The draft legislation proposed by Finance Minister Bill Morneau has been a much-debated topic over the past few months. This blog post will: Provide an overview of three of the proposed tax changes; Outline monetary examples of how the new legislation could affect small business […]
At Lending Loop, we're focused on helping Small and Mid-sized Canadian Businesses (SMEs) grow. Small businesses are the backbone of the Canadian economy. In fact, SME’s account for over 99% of the total 1.1 million employer businesses operating in Canada and employ nearly 90% of Canada’s private sector workforce. While running a business can be incredibly [...]
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