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Maple Leaf

What Ontario’s Fall 2019 economic update means for your business

The business community in Ontario just received a modest, yet business-friendly, tax reduction courtesy of Doug Ford’s Progressive Conservative government. The move is a step towards achieving balanced budget while looking to encourage economic activity within the province Specifically, Wednesday’s Fall Economic Statement announced proposals to reduce the small business Corporate Income Tax rate to […]

United Kingdom, Big Ben in London

From Brexit to trade wars, 2020 is shaping up to be a tough year for Canadian CEOs

If there were enemies of growth for any medium-sized business, risk and uncertainty would surely top the list. It’s fair to say they’re probably entrepreneurs’ main adversaries in the current macroeconomic climate. That’s because business owners are facing unusually high levels of business complexity that are poised to rise further in the months ahead. Worse, […]

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 […]