Three initiatives tied for most popular among the CEOs: increasing the income eligible for the reduced small business tax rate to $ 500,000 from $ 400,000, extending the capital cost allowance on investment in manufacturing, and the $ 12 billion committed to infrastructure spending. (canadianbusiness.com)
For the Conservatives, other than blowing the surplus in 2015 - 16 (they still claim they will have a surplus), this should not be a problem since they already have funded most of their election promises (income spitting, enhanced UCCB; raising the TFSA limit; infrastructure and transit spending; cut in small business tax rate; extension of accelerated depreciation) in their April budget. (3dpolicy.ca)
It's also reducing the 11 per cent federal small business tax rate by 0.5 per cent every year until it reaches nine per cent by January 1, 2019. (atlanticbusinessmagazine.net)