Business Innovation

Don’t Miss This Podcast Discussing the Impact of Upcoming Proposed Tax Changes on Business Owners

The upcoming income tax changes proposed by the Finance Minister could severely impact small business owners.

Get an in-depth look at the issues in a new podcast created by Innovator’s Alliance Chapter Sponsor, Integrity Wealth Management. It’s a roundtable discussion featuring a local tax lawyer and accountant, as well as the Federal Director of the Canadian Taxpayers Federation.

Here’s an excerpt from the podcast: “People are going to be investing their corporate funds; they’re going to see a nice portfolio in there, a nice income, but what they might not realize is when they pull the money out its going to be subject to an extremely high rate of tax. And they’re going to have to adjust their financial plans to take that into account.”

To listen to the full podcast, click here.

It’s important for all Canadian business owners and entrepreneurs to understand these proposed changes and the effects they may have. For example, these taxes could restrain Canadian business innovation and growth, as finances become more limited for small business owners.

You can view the full tax consultation paper here, on the Department of Finance website.


Innovators Alliance is a peer-to-peer networking group of CEOs committed to driving business growth through innovation. Be our guest at one of our upcoming events!

Is your company innovative? Try our Innovator Self-Test. It has only 10 questions and takes less than 2 minutes!

Like this? You might also like:

Peggie Pelosi

Peggie Pelosi is the Executive Director of Innovators Alliance. She works with entrepreneurs and CEOs throughout Ontario to ensure they have access to the tools and resources to ensure profitable growth through innovation. Peggie is a seasoned entrepreneur and innovator, having built two companies which have both been game-changers in their industries. Peggie teaches in the space of Social Innovation in graduate business programs at the University of Toronto-St. Michael’s College and Seneca College.

Share
Published by
Peggie Pelosi

Recent Posts

4 Mindsets to Grow Through Innovation

We’re excited at Connective Intelligence to sponsor an organization where members focus on growth through…

8 months ago

Introducing Connective Intelligence, IA’s new Alliance Sponsor

Innovators Alliance is pleased to share that we have formed a new strategic partnership with…

8 months ago

Registration is Open for This Year’s Fresh Thinking. Shared ’24. on April 18, 2024.

Along with the warmer days and daylight ‘spring forward’ this year’s Fresh Thinking. Shared. event…

8 months ago

Navigating Leadership Alone? Discover Your Ideal CEO Peer Advisory Group

In the ever evolving, complex world of business, entrepreneurs and business owners are challenged to…

10 months ago

2023 Innovation Resources Wrapped: Entrepreneurial Books, Podcasts and Tools

As recommended by IA Members One of the most valuable elements of Innovators Alliance (IA),…

11 months ago

Innovating in an Economic Downturn

Four Power Moves to Turn Economic Downturns into Innovation Uptrends During an economic downturn, it’s…

12 months ago