Surge reflects struggle with pandemic debt, higher interest rates
Edmonton-based firm looks to draw business-owner clients from the big banks
Almost 900,000 businesses received an interest-free CEBA loan during the pandemic, securing up to $60,000
Bill C-59 addresses issues flagged in the draft legislation
Starting next year, LCGE on sale of small biz shares and farm or fishing property will match
Numerous changes, including tax rules, add pressure to Canadian enterprises
The first $10 million in capital gains realized on the sale of a business would be exempted under proposed change
Most adjustments were related to calculation errors and lack of documentation rather than ineligibility
Upcoming fall economic statement could be last chance for a policy change
Withdrawal of Covid-19 support, higher interest rates and softening consumer spending are challenges