Posts

Ontario slashes spending for small business programs

The bad news continues to flow for entrepreneurs across Ontario. The Doug Ford government has lowered the axe once again on programs that support the growth of small and medium-sized businesses across the province, this time targeting Ontario’s Small Business Enterprise Centres (SBECs). Several programs served up by the centres, including Starter Company Plus and […]

Ontario’s innovation ecosystem faces substantial funding cuts

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 […]

Ontario SME owners on edge over potential R&D tax credit changes

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 […]

Ontario budget 2019: Key highlights

With the first budget of its majority mandate, Doug Ford’s Progressive Conservative government delivered a moderated strategy for achieving budgetary balance, while largely maintaining—and in the case of education and health care, even increasing—current program spending levels. In the months leading up to the budget, the government had already delivered on several campaign promises that […]

Ontario budget 2019: ‘Open for Business’ moves from campaign slogan to governing mantra

When Doug Ford swept into power last year, he promised that Ontario would once again be ‘Open for Business.’ The new Progressive Conservative premier went so far as to plaster his campaign slogan on highway signs at the Ontario-U.S. border. It was a not-so-subtle, all-caps reminder to our American friends of his commitment to undoing […]