Small Business
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Trudeau willing to adjust small biz tax plan, but won’t scrap it
Trudeau kicked off the liberal caucus with a message to critics: “People who make $50,000 a year should not pay higher taxes than people who make $250,000 a year. We are always open to better ways to fix that problem but we are going to fix that problem.
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Daily NAFTA roundup: Progress!
The agreements reached so far relate to less-controversial parts of the agreement; sources say any attempts to raise contentious NAFTA issues have been brushed off by the other parties
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Carbon pricing alone can’t meet Canada’s emission reduction targets: report
According to a joint report by The Conference Board of Canada and The Canadian Academy of Engineering, carbon pricing won’t be enough to meet ambitious targets, and deep emission cuts will carry an exorbitant cost
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Two companies indicted for transporting, storing hazardous waste on flood plain
The indictment claims that as much as 300,600 pounds of waste a day was dumped, then dug up and shipped from Mississippi to Missouri without a permit
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NAFTA tone ‘is negative’: Early sticking points encountered on numerous issues
Negotiators have clashed on nearly every major topic, including the freer movement of labour and Canada’s supply management systems, one source with knowledge of the second round of trade talks said
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Tax showdown: Small business ready to battle Trudeau on ‘very foolish policy’
A three-part plan to eliminate tax loopholes for small business owners has ignited a firestorm of criticism; opponents of the tax measures say the plan “will seriously damage entrepreneurship in Canada”
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U.S. jobs growth slows as economy appears less than vigorous
The unemployment rate ticked up from 4.3 per cent to 4.4 per cent, and job growth in June and July was revised down by a combined 41,000; pace of economic growth stays relatively steady
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Small businesses expressing ‘genuine outrage’ at upcoming federal tax changes
Finance Minister Bill Morneau has proposed a three-pronged tax attack that will significantly impact small business owners’ financial planning, and Liberal backbenchers have been getting an earful
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Mexico vows to walk away if Trump keeps threatening to kill NAFTA
“We do not believe it would be the correct path or a viable path, describing the agreement as terminated right as we’re in the process of renegotiation,” said Mexican Foreign Minister Luis Videgaray. The Canadian reaction was more balanced
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Trump ally LePage says ‘don’t read too much’ into President’s NAFTA rant
Maine Governor Paul LePage, who campaigned with Trump, says the President actually believes in free trade, while Connecticut’s Governor said he hopes the rhetoric coming from Washington does “…as little harm” as possible