small business Flashcards

1
Q

How do we plan to simplify small business taxes?

A

Clarifying tax laws and succession rules to
make it simpler for small and medium-sized
businesses to fulfill tax obligations.

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2
Q

How do we plan to assist small business owners in acccessing capital?

A

Enhancing technical and financial support
through the Business Development Bank
of Canada (BDC) and Community Futures
Development Corporation (CFDC).
c Facilitating access to investment capital
from financial institutions, union funds, and
government agencies.

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3
Q

How do we plan to protect Canadian small businesses?

A

Protecting against unfair practices from
financial institutions, large businesses, and
foreign multinationals.

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4
Q

How do we plan to encourage emerging sectors?

A

Providing incentives to promote value-added

processing and innovation in emerging sectors.

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5
Q

How do we plan to improve stability for small business owners?

A

Improving access and eligibility for small
business owners and the self-employed
to social supports, such as Employment
Insurance, re-training and skills development.

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