Blog Tag: 5 Minutes for Business

5 Minutes for Business: Hammering Business – Finance Canada’s New Crackdown

The government has just proposed the most radical tax overhaul in 50 years. The Canadian Chamber of Commerce are particularly worried about the impact on business from (1) a new tax on investment income in a corporation and (2) tough new rules for compensation in family businesses.

In this special edition of 5 Minutes for Business, Hendrik Brakel, our Senior Director, Economic, Financial and Tax Policy, looks at what is driving the government’s new crackdown on private corporations.

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5 Minutes for Business: Infrastructure Spending—Real Bang for the Buck

One of the pet peeves at the Canadian Chamber is when governments talk about infrastructure investment purely in terms of how many billions they’re spending, often with few details about what the infrastructure is trying to achieve.

That’s why, last month, the Canadian Chamber released a report called Stuck in Traffic for 10,000 Years: Canadian Problems that Infrastructure Can Solve. This report talks about what they get out of infrastructure, rather than just asking how much money is going in.

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5 Minutes for Business: Business Costs and Canadian Competitiveness—We’re Not Crying Wolf

With every tax increase, the hands of Canadian business have no choice but to dig deeper and deeper in the same pocket. Initially, these tax hikes may not appear significant, but overtime, the burden accumulates drawing on the last straw. Canada, you’re a pricey place to do business.

In this edition of  5 Minutes for Business, Hendrik Brakel, Senior Director, Economic, Financial and Tax Policy, considers how the high costs of doing business in Canada affect the country’s competitiveness. These concerns were expressed in a recent letter to the Prime Minister, composed by our President and CEO and his provincial and territorial colleagues.

Read 5 Minutes for Business.

Canadian-Chamber-of-Commerce
The Canadian Chamber of Commerce releases 5 Minutes for Business, a publication written by Hendrik Brakel, the Senior Director of Enconomic, Financial and Tax Policy. In these publication, Hendrik briefly describes current issues that affect the Canadian economy and provides insight on what it will mean for Canadians today and the future.