On July 8th, 2017, the Liberals announced they were planning to make some of the biggest tax changes in the last 40 years.
These changes will dramatically hurt small businesses across Canada. While the official consultation period has closed, there is still time to fight these changes. Until the Finance Minister comes out with the final legislation, public pressure can still shape what the final tax changes will look like.
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The details on the proposed changes can be found here: https://www.fin.gc.ca/activty/consult/tppc-pfsp-eng.asp