Canada small business tax rate

Statement - Minister Valdez kicks off Small Business Week 2023 by highlighting the Government of Canada's commitment to supporting small businesses

Retrieved on: 
Monday, October 16, 2023

OTTAWA, ON, Oct. 16, 2023 /CNW/ - The Honourable Rechie Valdez, Minister of Small Business, made the following statement today in recognition of Small Business Week:

Key Points: 
  • OTTAWA, ON, Oct. 16, 2023 /CNW/ - The Honourable Rechie Valdez, Minister of Small Business, made the following statement today in recognition of Small Business Week:
    "Today marks the beginning of Small Business Week in Canada.
  • Canada's small businesses aren't "small"—they make up 98% of all Canadian businesses and are at the heart of our communities and economy.
  • We know that small businesses, especially those in the hospitality and tourism sectors, are still seeking relief, and we are here to listen and act.
  • "I invite Canadians to join me in supporting our local businesses in any way we can during Small Business Week and to keep doing so every week thereafter.

Statement by the Prime Minister on Small Business Week

Retrieved on: 
Sunday, October 15, 2023

The Prime Minister, Justin Trudeau, today issued the following statement on Small Business Week, which runs from October 15 to 21, 2023:

Key Points: 
  • The Prime Minister, Justin Trudeau, today issued the following statement on Small Business Week, which runs from October 15 to 21, 2023:
    "Today, we mark the beginning of Small Business Week , an opportunity to recognize the more than one million small and medium-sized businesses across Canada that are the backbone of our economy.
  • "In today's rapidly evolving global business environment, we continue to listen to Canadian entrepreneurs and small business owners to ensure they receive the support they need.
  • We will continue to be there for small business owners so they can keep putting their dreams into action and grow our local economies.
  • "To Canada's small business owners: thank you for your contributions and your dedication to serving our communities.

Minister Ng participates in Small Business Week events

Retrieved on: 
Friday, October 21, 2022

Throughout BDC Small Business Week 2022 , the Honourable Mary Ng, Ministerof InternationalTrade, Export Promotion, SmallBusinessandEconomic Development, highlighted how the Government of Canada continues to support small businesses across the country, helping them grow, innovate and adapt to changing times.

Key Points: 
  • Throughout BDC Small Business Week 2022 , the Honourable Mary Ng, Ministerof InternationalTrade, Export Promotion, SmallBusinessandEconomic Development, highlighted how the Government of Canada continues to support small businesses across the country, helping them grow, innovate and adapt to changing times.
  • The Minister started the week by highlighting updates to the Canada Small Business Financing Program at a Canadian Chamber of Commerce event in Ottawa.
  • Minister Ng also highlighted ongoing government support for small businesses, such as extending the deadline for repaying Canada Emergency Business Account (CEBA) loans by one year to December 31, 2023.
  • BDC Small Business Week has been a registered trademark of the Business Development Bank of Canada since 1986.

Minister Ng kicks off Small Business Week by highlighting the Government of Canada's supports to help small businesses innovate and grow

Retrieved on: 
Monday, October 17, 2022

Today, the Honourable Mary Ng, Ministerof InternationalTrade, Export Promotion, SmallBusinessandEconomic Development, kicked off Small Business Week 2022 by highlighting how the Government of Canada continues to support small businesses as they grow, innovate and adapt to the economy of the future.

Key Points: 
  • Today, the Honourable Mary Ng, Ministerof InternationalTrade, Export Promotion, SmallBusinessandEconomic Development, kicked off Small Business Week 2022 by highlighting how the Government of Canada continues to support small businesses as they grow, innovate and adapt to the economy of the future.
  • At the event, held at the Canadian Chamber of Commerce, Minister Ng talked about changes to the Canada Small Business Financing Program that cut red tape for small business and increase their access to financing.
  • Throughout the week, Minister Ng will continue to highlight measures that are helping Canadian small businesses start up, scale up, and access new markets around the world.
  • Small Business Week has been a registered trademark of BDC, the Business Development Bank of Canada, since 1986.

Odd Burger Signs Four New Franchise Agreements, Launches Mobile App and Provides Corporate Update

Retrieved on: 
Monday, August 22, 2022

A Franchise Agreement was also executed for the previously announced Brampton, ON location at9055 Airport Road, Brampton, ON.

Key Points: 
  • A Franchise Agreement was also executed for the previously announced Brampton, ON location at9055 Airport Road, Brampton, ON.
  • "We are seeing a rapid acceleration of our franchising operations all across Canada,"says James McInnes, co-founder and CEO of Odd Burger.
  • Customers can also receive a free Famous Burger when they download the app and place their first order.
  • "We are blown away by the degree of interest in our new mobile app," says James McInnes, co-founder and CEO of Odd Burger.

Odd Burger Signs Agreement for 40 New Vegan Fast-Food Restaurants in Ontario

Retrieved on: 
Thursday, June 9, 2022

Odd Burger and Starke Investments, a company specializing in real estate and franchise development, have signed an area representative agreement that will bring forty Odd Burger locations to the province over the next eight years.

Key Points: 
  • Odd Burger and Starke Investments, a company specializing in real estate and franchise development, have signed an area representative agreement that will bring forty Odd Burger locations to the province over the next eight years.
  • "Partnering with Starke Investments will allow Odd Burger to continue its rapid expansion across North America, while still providing an incredible level of service to our local franchisees in Ontario," said James McInnes, Odd Burger Co-Founder and CEO.
  • "Starke Investments also brings fantastic industry knowledge to Odd Burger, as well as a valuable network of landlord relationships and prospective franchisees."
  • In March 2022, Odd Burger signed an area representative agreement with Sai-Ganesh Enterprisesto bring 36 locations to Alberta and British Columbia over the next 7 years.

Supporting small businesses and creating good jobs

Retrieved on: 
Tuesday, April 12, 2022

That's why the Government of Canada is proposing new measures in Budget 2022 to support small and medium-sized businesses so they can grow, innovate, and stay competitive, while creating good, middle class jobs.

Key Points: 
  • That's why the Government of Canada is proposing new measures in Budget 2022 to support small and medium-sized businesses so they can grow, innovate, and stay competitive, while creating good, middle class jobs.
  • The measures proposed in Budget2022 include:
    Cutting taxes for Canada's growing small businesses by ensuring growing businesses can take advantage of Canada's low small business tax rate until their taxable capital reaches $50 million, rather than $15 million.
  • This will encourage small businesses to continue growing and creating jobs.
  • Growing Canada's health-focused small and medium-sized businesses by investing $30 million to expand the Coordinated Accessible National Health Network to Quebec, the territories, and Indigenous communities to help health technology businesses grow, create good middle class jobs, and deliver better care to Canadians.

Odd Burger Signs Agreement for 36 New Vegan Fast-Food Restaurants in Alberta and British Columbia

Retrieved on: 
Wednesday, March 16, 2022

Odd Burger and Sai-Ganesh Enterprises ( SGE ), a family-owned hospitality group specializing in franchising and commercial construction, have signed an area representative agreement that will bring three dozen Odd Burger locations to the western provinces over the next seven years.

Key Points: 
  • Odd Burger and Sai-Ganesh Enterprises ( SGE ), a family-owned hospitality group specializing in franchising and commercial construction, have signed an area representative agreement that will bring three dozen Odd Burger locations to the western provinces over the next seven years.
  • "As lifelong vegetarians we have a passion for healthy eating and environmental stewardship, and Odd Burger also adds innovative technology that enhances efficiency, profitability, and customer experience."
  • Odd Burger began its western expansion with recently announced franchise agreements in Calgary, AB and Victoria, BC.
  • Odd Burger Corporation is traded on the TSX Venture Exchange under the symbol ODD, on the OTCQB under ODDAF, and the Frankfurt Stock Exchange under IA9.

Odd Burger Expands into British Columbia with New Victoria Franchise and Provides Corporate Update

Retrieved on: 
Tuesday, January 4, 2022

Franchisees John Bowker and Luke Ceraldi are currently seeking a site to introduce Victoria to Odd Burger's affordable, mainstream, healthy, and satisfying veganfast food.

Key Points: 
  • Franchisees John Bowker and Luke Ceraldi are currently seeking a site to introduce Victoria to Odd Burger's affordable, mainstream, healthy, and satisfying veganfast food.
  • The Victoria location is projected to open within three months of site selection and permit approvals.
  • Odd Burger smart kitchens feature modern on-demand cooking technology, online ordering, self-checkout kiosks, and cashless transactions.
  • Odd Burger Corporation is traded on the TSX Venture Exchange under the symbol ODD, on the OTCQB under ODDAF, and the Frankfurt Stock Exchange under IA9.

Odd Burger Offers Franchisees 90 per cent Financing from CSBFP and CIBC

Retrieved on: 
Thursday, December 9, 2021

Franchises are key to Odd Burger's plans to expand throughout North America, and this financing program dramatically reduces the franchise owners' capital requirements.

Key Points: 
  • Franchises are key to Odd Burger's plans to expand throughout North America, and this financing program dramatically reduces the franchise owners' capital requirements.
  • "Offering 90 per cent financing will fuel our franchise growth strategy because it invites people to open an Odd Burger franchise with little out-of-pocket costs," said Odd Burger co-founder and CEO James McInnes.
  • "We appreciate the CSBFP and CIBC for working with our franchise partners and making this opportunity available for potential franchisees."
  • Along with the CSBFP loan program, Odd Burger franchisees receive support in securing locations, lease negotiations, comprehensive training, and ongoing guidance and coaching.