The Canadian Index

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Chart comparing Canada's combined small business tax rate by province, showing Ontario's rate falling in 2026.

Ontario cut its small business corporate tax rate from 3.2% to 2.2% today, lowering the combined federal-Ontario rate on the first $500,000 of active business income for eligible Canadian-controlled private corporations. The change applies automatically, with no election required, though corporations whose fiscal year straddles July 1 must prorate between the old and new rates. Ontario's personal dividend tax credit does not adjust until January 2027, opening a six-month window where dividends paid from this income carry a lower effective personal cost than usual.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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Bar chart showing Canada's retaliatory tariff rates by product category, taking effect September 8, 2026.

Canada's retaliatory tariffs take effect September 8, covering roughly $27.6 billion in annual US imports across about 700 product categories.

Canada's Counter-Tariffs Take Effect September 8: Rates by Category

August 27, 2026

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Bar chart showing steel, aluminum, and copper tariffs reaching a 50 percent ceiling rate under Section 232.

Section 232 tariffs on steel, aluminum, and copper can reach 50% and sit entirely outside CUSMA's protection, a gap that matters more after…

CUSMA Was Not Renewed. Business Owner Clients Now Face Annual Reviews Instead of a Six Year Horizon.

July 13, 2026

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Bar chart comparing Finance Canada and Parliamentary Budget Officer revenue estimates for the abandoned capital gains measure.

Ottawa scrapped the capital gains inclusion rate increase in March 2025, but newly published federal revenue data shows what the abandoned measure was projected to cost taxpayers.

The Capital Gains Hike That Never Happened Still Cost Someone Real Money

September 10, 2026

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Bar chart showing 17.5 billion dollars in federal tariff response programs, with about 5 percent of funding deployed so far.

Canada's counter-tariffs on steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics take effect September 8, matching U.S.

Federal Tariff Response Programs Reach $17.5 Billion in Commitments

September 3, 2026

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Bar chart showing Canada's September 8 counter-tariff rates reaching 50% on selected U.S. import lines.

Canada's counter-tariffs take effect September 8, applying rates as high as 50% to roughly $27.6 billion of U.S.

Canada's September 8 Counter-Tariffs Reach 50% on Selected U.S. Import Lines

September 2, 2026

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Bar chart breaking down Canada's $7.5 billion tariff relief package by funding stream announced August 25, 2026.

The federal government's $7.5 billion tariff relief package, announced August 25, arrives days before Canada's own retaliatory tariffs take…

Ottawa's $7.5 Billion Tariff Relief Package: What Business Owner Clients Need Before September 8

August 28, 2026

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