A joint letter signed by 21 organizations was sent to the Minister of Finance with the following recommendations:
- We urge the government to simplify the Canadian Entrepreneur’s Incentive and broaden its eligibility to all sectors to support equity, simplicity, and transparency.
- We urge you to scrap the increase in the inclusion rate to 66.7%, which will affect many business owners who are part of Canada’s middle or aspiring middle class.
- The increase in the Lifetime Capital Gains Exemption and its indexation into the future are welcomed announcements and should be retained and protected.