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In 2009, the business paid $1.6 million in taxes and the OLG paid the Township an additional $1.78 million, being a share of the profits. [ 31 ] A plan for substantial expansion, approved by Township Council in February 2017, will include gaming tables (up to 52) and many additional slot machines (up to 1,200 in total).
Before 2015, the Cabinet position responsible for small business was filled by either a Minister of State or Secretary of State.On November 4, 2015, upon the formation of the 29th Canadian Ministry, the position was named Minister of Small Business and Tourism without "of State" but remained formally a Minister of State "to assist the Minister of Industry" (the senior portfolio now styled as ...
Sousa is the son of Portuguese immigrants. He grew up in Mississauga and graduated from Wilfrid Laurier University in 1982 with a degree in Business Administration. In 1991, he completed a fellowship at the Institute of Canadian Bankers.
Corporations Canada is Canada's federal corporate regulator, operating under Innovation, Science and Economic Development Canada. It is responsible for administering laws regarding the incorporation of Canadian businesses as well as "corporate laws governing federal companies, except for financial intermediaries ."
KPMG calculated the Canadian corporate tax by adding the federal and provincial tax components. The federal component is 15%. Each of the ten provinces and three territories have 2 different tax rates, one which is lower for small businesses which ranges from 0 to 4.5%, and higher for all other corporations, which ranges from 11.5 to 16%. [33]
Swastika is a small community founded around a mine site in Northern Ontario, Canada in 1908. Today it is within the municipal boundaries of Kirkland Lake , Ontario . [ 1 ] It has frequently been noted on lists of unusual place names .
Picton is an unincorporated community located in Prince Edward County in southeastern Ontario, roughly 160 km (99 mi) east of Toronto. [2] It is the county's largest community and former seat located at the southwestern end of Picton Bay, a branch of the Bay of Quinte, which is along the northern shoreline of Lake Ontario. [3]
Unlike most bank loans to small businesses, government loans may be unsecured. Loan guarantees – Under the Canadian Small Business Financing Act, [1] the federal government may guarantee a financial institution's loan to a small business, to a maximum of 85 percent. If the borrower defaults on a loan, the bank is protected, and therefore more ...
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