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e-1239 (Tax system)

E-petition
Initiated by Nicole Perryman from Calgary, Alberta

Original language of petition: English

Petition to the Minister of Finance

Whereas:
  • The Minister of Finance has released a proposal entitled “Tax Planning Using Private Corporations” which proposes to limit sharing business income with family members and raise taxes on investments (passive income) held by businesses;
  • Small businesses are a significant source of economic diversification and economic growth in Canada;
  • Small business owners take major risk in starting and running their businesses, and in keeping people employed through periods of economic instability;
  • These proposed changes to the small business tax system will create instability and uncertainty for small business owners; and
  • Many small business owners in Canada and those employed by small business feel that these changes are unfair and will hurt the Canadian economy.
We, the undersigned, concerned citizens and residents of Canada, call upon the Minister of Finance to abandon his proposed changes in the “Tax Planning Using Private Corporations” proposal and to publicly commit to not raising taxes on small business owners which would adversely affect all Canadians.
Government response tabled on August 22, 2018 (Sessional Paper No. 8545-421-1-33)
Open for signature
August 24, 2017, at 3:52 p.m. (EDT)
Closed for signature
December 22, 2017, at 3:52 p.m. (EDT)
Presented to the House of Commons
Michelle Rempel (Calgary Nose Hill)
June 18, 2018 (Petition No. 421-02487)
Government response tabled
August 22, 2018
Photo - Michelle Rempel
Calgary Nose Hill
Conservative Caucus
Alberta