Hootsuite CEO says tax changes for small business could hamper innovation


Hootsuite CEO says tax changes for small business could hamper innovation
  1. Hootsuite CEO says tax changes for small business could hamper innovation
    citynews.ca
    SEATTLE – The head of one of Canada’s best-known tech darlings says Ottawa’s proposed changes to small business taxes could hamper innovation and prevent Canada from becoming a hotbed for technology giants. Ryan Holmes, CEO of social media platform Hootsuite, is calling on the federal government to “to look very closely” at the plan because…
    Canada

SEATTLE – The head of one of Canada’s best-known tech darlings says Ottawa’s proposed changes to small business taxes could hamper innovation and prevent Canada from becoming a hotbed for technology giants.

Ryan Holmes, CEO of social media platform Hootsuite, is calling on the federal government to “to look very closely” at the plan because it is causing a lot of concern for entrepreneurs like himself.

Holmes is adding his voice to a growing backlash against the government’s mid-July announcement of a plan to end certain tax breaks such as income sprinkling, used by some small business owners to divvy up their income among family members to pay lower taxes.

The government is also proposing to limit the use of private corporations to make passive investments in things like stocks or real estate and restrict the ability to convert a corporation’s regular income into capital gains taxed at a lower rate.

  1. Tax changes, anti-rich rhetoric have already inspired big fish to leave: Manley

    Citynews.ca - Canada
    09.21 / 18:59 www.citynews.ca
    OTTAWA – A big Canadian player has quietly picked up his chips and is heading for the exit amid all the tumult over the Trudeau government’s controversial tax proposals. A business owner has informed John Manley, the head of an organization representing Canada’s largest corporations, that he’s moved billions of dollars out of the country…
  2. B.C. elk wears antler-full of inner tube after second year tangling with trash

    Citynews.ca - Canada
    09.21 / 18:59 www.citynews.ca
    YOUBOU, B.C. – A Vancouver Island elk is once again festooned in debris, the second year in a row the young male has inadvertently decorated itself during mating season. Conservation officer Scott Norris says the elk has managed to entwine a deflated inner tube in its antlers while wandering in bush near Youbou, west of…
  3. Halifax police receive official complaint of financial mismanagement at IWK

    Globalnews.ca - Canada
    09.21 / 18:55 globalnews.ca
    Halifax police say that the investigation is anticipated to take some time to complete and police are not speaking to any…
  4. Canada’s best-documented UFO sighting still intrigues, 50 years on

    Globalnews.ca - Canada
    09.21 / 18:55 globalnews.ca
    It was around 11 p.m. on the night of Oct. 4, 1967. Most witnesses thought it was a doomed…
  5. Case of N.S. man accused of killing neighbour adjourned until October

    Globalnews.ca - Canada
    09.21 / 18:55 globalnews.ca
    Ernie "Junior" Ross Duggan remains in hospital following a shootout with…
  6. Kinew Names NDP Caucus, Appoints Critics

    Chrisd.ca - Winnipeg
    09.21 / 18:48 www.chrisd.ca
    WINNIPEG — Five days after being named the leader of Manitoba’s NDP, Wab Kinew has named his caucus and appointed critics. Kinew on Thursday appointed 12 members of his party to a number of roles, naming Nahanni Fontaine as house leader of the official opposition. Fontaine also takes on the role as critic for justice, […] © 2017. This article Kinew Names NDP Caucus, Appoints Critics appeared first on …
  7. Teenager in serious condition after stabbing near Toronto high school

    Cp24.com - Canada
    09.21 / 18:45 www.cp24.com
    A teenager was taken to a trauma centre in serious condition following a stabbing near a Toronto high school on Thursday…
  8. A quick look at Calgary Flames, city financial proposals on new NHL arena

    Citynews.ca - Canada
    09.21 / 18:38 www.citynews.ca
    CALGARY – A quick look at what the City of Calgary and the Calgary Flames are offering to build a new NHL arena: City of Calgary — an equal three-way split of $185 million each from the city, Flames and a ticket surcharge paid by users for a total of $555 million. — Flames ownership [&#…
  9. Liberal cabinet expected to confront handling of UN drug treaties this fall

    Citynews.ca - Canada
    09.21 / 18:38 www.citynews.ca
    OTTAWA – The Liberal cabinet is expected to make a critical decision this fall on how to deal with the fact that its plans to legalize pot next year will put it offside with three United Nations drug treaties. International legal experts and both opposition parties have been urging the government to articulate a plan…
  10. 'Not the ending that we wanted': Family relieved body of missing man in Quebec Amber Alert case found

    Cbc.ca - Canada
    09.21 / 18:33 www.cbc.ca
    Friends and family of Yvon Lacasse, the 71-year-old man who went missing last week in connection with an Amber Alert, are taking solace after his body was finally recovered on…
  11. Trudeau tells UN of Canada's shame over Indigenous Peoples

    Calgarysun.com - Canada
    09.21 / 18:30 www.calgarysun.com
    Prime Minister Justin Trudeau used a speech to the United Nations on Thursday to probe a source of national shame: the historic struggles of Canada’s Indigenous p…
  12. Trudeau tells UN of Canada's shame over Indigenous Peoples

    Torontosun.com - Canada
    09.21 / 18:30 www.torontosun.com
    Prime Minister Justin Trudeau used a speech to the United Nations on Thursday to probe a source of national shame: the historic struggles of Canada’s Indigenous p…
  13. Police: Officers search for suspect who fled during takedown in Leaside

    Cp24.com - Canada
    09.21 / 18:24 www.cp24.com
    Police are searching for a suspect who fled from police during a takedown in Leaside on Thursday…
  14. Trudeau tells UN of Canada’s shame over Indigenous Peoples

    Citynews.ca - Canada
    09.21 / 18:17 www.citynews.ca
    UNITED NATIONS, N.Y. – Prime Minister Justin Trudeau used a speech to the United Nations on Thursday to probe a source of national shame: the historic struggles of Canada’s Indigenous peoples. He spoke of forced migration and forced family separation in residential schools, which he said left a devastating legacy on reserves to this day.…
  15. Police searching for man who allegedly caused crash while impersonating officer

    Citynews.ca - Canada
    09.21 / 18:17 www.citynews.ca
    TORONTO – Police in Toronto are looking for a man who allegedly caused a collision while impersonating an officer. They say witnesses reported that a man dressed in a police officer’s uniform was directing traffic while dancing in a west-end intersection last Saturday. Investigators say the man’s attempt at directing traffic resulted in a collision…
  16. Peterborough County to tackle garbage pileup, safety issues along James A. Gifford Causeway

    Globalnews.ca - Canada
    09.21 / 18:13 globalnews.ca
    Garbage along the James A. Gifford Causeway has been a growing concern for area residents of Bridgenorth and Ennismore. Peterborough county council is now aiming to tackle the littering as well as safety in the…
  17. À Propos Méchant Trip

    Aptn.ca - Canada
    09.21 / 18:05 aptn.ca
    Méchant Trip, c’est une série jeunesse loufoque et bourrée d’action qui orchestre une rencontre improbable entre un jeune autochtone et une personnalité connue du grand public. Jouant le rôle d’entremetteur dégourdi, Brad Gros-Louis est aux commandes de cette grande aventure. Toujours dans un lieu inusité, Brad accueille chaque jeune invité en soulignant ses forces et […]…
  18. Police: Officers search suspect who fled during takedown in Leaside

    Cp24.com - Canada
    09.21 / 18:03 www.cp24.com
    Police are searching for a suspect who fled from police during a takedown in Leaside on Thursday…
  19. Teenager in serious condition after stabbing at Toronto high school

    Cp24.com - Canada
    09.21 / 18:03 www.cp24.com
    A teenager was taken to trauma centre in serious condition following a stabbing at a Toronto high school on Thursday…
  20. Montreal-born James Campbell Clouston recognized for efforts at Dunkirk in WW2

    Citynews.ca - Canada
    09.21 / 17:56 www.citynews.ca
    MONTREAL – The Montreal-born Second World War hero whose efforts at Dunkirk in 1940 saved the lives of hundreds of thousands of soldiers is being recognized today in his hometown. Cmdr. James Campbell Clouston’s exploits were portrayed in Christopher Nolan’s blockbuster movie, “Dunkirk,” released earlier this year. Clouston was not named or formally recognized in…