Economy

Budget 2012: Small business issues

There were a few items of significant interest to small business owners in the 2012 Federal Budget. Most of them are reflected in the government’s expressed concern for closing perceived tax loopholes. Here are some prominent items relevant to small business owners that should be reviewed.

March 29, 2012

3 min read

Budget delays OAS eligibility to 67

The federal government hiked the eligibility age for Old Age Security (OAS) to 67 from 65 reflecting the reality that Canadians are living longer and healthier lives.

By Doug Watt |March 29, 2012

4 min read

Ontario drug plan signals social shift

The Ontario budget tabled yesterday included provisions that would see high-income seniors pay a new income-tested deductible on the provincial drug plan, starting August, 2014.

By Vikram Barhat |March 28, 2012

3 min read

Ontario backs away from PRPPs

It looks like Ontario has put a roadblock up against Ottawa’s proposed pension reforms, pushing instead for changes to the CPP.

By Tammy Burns |March 28, 2012

2 min read