I might be wrong. It was only Day One of Small Business Week, and Prime Minister Justin Trudeau said he intended to celebrate by meting out little announcements on tax policy for the duration. So there’s a chance that a footnote on Wednesday, a clarification on Thursday, or an asterisk on Friday will change things. But I think he might want me and all the other freelancers out there to incorporate.
The reason I think that is Trudeau and Finance Minister Bill Morneau rushed from a morning caucus meeting in Ottawa to an Italian restaurant in Stouffville, Ont. to say they will drop the small business tax rate to 10 per cent on January 1 and then all the way down to nine per cent at the start of 2019.
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