![Support for Small Business Photo - Bakers in front of counter](https://bac-lac.wayback.archive-it.org/web/20131120021231im_/http://actionplan.gc.ca/sites/default/files/grfx/pages/bakers_dsc5402.jpg)
Canada’s small businesses are engines for job creation that boost economic growth, representing 48 percent of the total labour force in the private sector, and contributing approximately 30 percent to Canada's GDP . The federal government recognizes the important contribution made by small businesses across the country and the challenges they face.
Hiring Credit for Small Business
Economic Action Plan 2013 proposes to expand and extend the temporary Hiring Credit for Small Business. [More. . .]
Reducing Taxes for Small Businesses
Through Canada’s Economic Action Plan, the Government is committed to supporting the growth of small businesses. [More. . .]
Tax Relief for New Manufacturing Machinery and Equipment
Economic Action Plan 2013 will provide $1.4 billion of tax relief to Canada’s manufacturing and processing sector through a two-year extension to the temporary accelerated capital cost allowance for machinery and equipment. [More. . .]
Want More Information on Tax Savings and Credits for Small Businesses?
If you own, or are looking to start a small business, check out these initiatives for more information on tax savings and credits.
View all related initiatives.