Between 2019 and 2024, only 11.5% of outstanding business loans in Canada went to SMEs. Across the OECD, the average was 44%.
A new report by @michellearnold.bsky.social argues that this is not a reflection of the limits of our entrepreneurs, but the limits of our lenders.
Read the report 👇
The Canadian Tax Observatory says about 84% of the 8 million people living with disabilities have not been able to qualify for the #DisabilityTaxCredit.
Disability advocates have been pushing to make the qualification process easier.
📰 Read the article: www.cbc.ca/news/politic...
To build real resilience, Canada can’t just worry about who we do business with. We must rethink who owns the economy.
Not consolidated among multinationals, and vest-wearing asset managers, but spread among employees.
#CdnPoli
Read the article (gift link!) www.thestar.com/gift-redeem?...
socialcapitalpartners.ca
Canada's enterprise financing system is dominated by big banks that control 93% of banking assets and nearly 80% of SME lending. While stable and respected, these banks have structural constraints—min...
The Liberal government's plan to make it easier for Canadians living with disabilities to apply for the disability tax credit is being welcomed by the opposition and advocates who say the proposed cha...
www.cbc.ca
Social Capital Partners🇨🇦
Social Capital Partners🇨🇦
Social Capital Partners🇨🇦
With more than 75% of small business owners planning to exit over the next decade and $2 trillion in assets at stake, it’s a change that could give more employees a stake in their workplace and keep businesses under Canadian ownership.
Read the article 👇
#OwnershipMatters #EOTs #CdnPoli
In Tuesday's Government of Canada spring economic update, @mark-carney.bsky.social says that Employment Ownership Trusts (EOTs) “empower Canadian workers to buy into their businesses.”
It's great news for workers, communities and the broader economy.
#OwnershipMatters #CdnPoli #CdnEcon #EOTJoy
🎉Big news for small biz🎉
The federal gov is making the Employee Ownership Trust tax exemption PERMANENT! Business owners can now sell to their employees and get up to $10M in capital gains exempted.
No more uncertainty. Plan with confidence!
#SmallBusiness #EOTs #OwnershipMatters #CdnPoli
Come for the finance, stay for the fireworks. Come for the fireworks, stay for the finance.
Sign up to the Social Capital Partners eNews!
Read it: mailchi.mp/baf84e5ffe21...
Subscribe: socialcapitalpartners.us18.list-manage.com/subscribe?u=...
Video
The spring economic update includes a number of new measures intended to lower costs for Canadians that will also affect personal finances, mortgage rules and banking.
globalnews.ca
Business owners who sell their companies to Employee-Owned Trusts will benefit from a juicy incentive that's now a permanent part of the tax code.
🧵: A new @futureofprivacy.bsky.social report puts a spotlight on surveillance pricing and how corporations are using your personal data to determine the max you’ll pay for something and charge you exactly that.
Social Capital Partners🇨🇦
This resource provides an overview of how data is used to inform pricing; contextualizes data-driven pricing in existing U.S. law, enforcement activity, and emerging legislation; and recommends a numb...
Don’t buy Big Oil’s lies 💸 The only way Canadians will benefit from the oil price shock is if we tax the fossil fuel industry’s excess profits and use those billions to help everyday people.
#cdnpoli #canada #gasprices
