Submissions and Presentations

CALU’s pre-budget submission to the Standing Committee on Finance in advance of Budget 2025. It recommends that the federal government: Commission an expert panel to review the tax rules governing small businesses Study the decline in self-employment since 2019 Update RRSP and RRIF rules to enhance the retirement income system for younger and older Canadians Provide a 35 percent refundable tax credit relating to the cost of dental care programs for employees of small businesses Develop pharmacare using the same general approach as the federal dental plan: supporting those without prescription drug coverage while leaving workplace benefit plans intact ...

In this letter to the Department of Finance, we recommend amendments to legislation providing a capital gains exemption of up to $10 million to individuals who sell shares of a corporation to an Employee Ownership Trust (EOT). Download now

Letters to the Standing Senate Committee on National Finance and the Standing Committee on Finance of the House of Commons on the issue of intergenerational business transfers in the context of its study of the subject matter of Bill C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament on November 21, 2023 and certain provisions of the budget tabled in Parliament on March 28, 2023. Lettres au Comité sénatorial permanent des finances nationales et au Comité permanent des finances (FINA) de la Chambre des communes sur la question des transferts intergénérationnels d'entreprises dans ...

CALU’s pre-budget submission to the Department of Finance in advance of Budget 2024. It recommends that the federal government:Support the successful transition of small businesses to family membersEnsure the self-employed remain an important pillar of employment and economic growthEnhance the retirement income system for younger and older CanadiansMaintain and enhance the availability of dental plans offered by small businesses View the submission

CALU comments on draft legislative proposals relating to short-term rentals released by the Department of Finance on December 20, 2023. View the submission

Read our response to the consultations by Finance on the Underused Housing Tax (UHT) including our recommendation that the exemption from filing requirements for exempt Canadian entities be made effective for 2022, and not 2023 as currently proposed. View the submission

CALU writes a follow-up letter to Finance Canada to reiterate concerns about the dividend received deduction (DRD) measure that was first proposed in Budget 2023 and reaffirmed in last week’s Fall Economic Statement with only slight modifications. Download now

CALU letter to Finance relating to draft legislation released on August 4, 2023 as it pertains to intergenerational business transfer rules. View the submission

CALU submits letter to Finance relating to draft legislation released on August 4, 2023 as it pertains to the application of the Alternative Minimum Tax (AMT) rules. View the submission