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Entrepreneurship & small business

Liberal

  • Create the Canada Entrepreneur Account, administered through the Business Development Bank, to provide up to 2000 entrepreneurs with up to $50,000 each.
  • Cut the cost of federal incorporation to $50.
  • Eliminate fees.
  • Eliminate the 'swipe fee' on HST and GST for credit transactions.

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Conservative

  • Repeal tax increases on small business investments.
  • Exempt spouses from tax increases on small business dividends.
  • Make it easier to navigate tax system.
  • Reduce federal regulations by 25%.
  • Implement a 2-for-1 rule for new regulations.
  • Assign a Minister to lead red tape reduction.

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