In May 2018, the Coalition for Small Business Tax Fairness, of which MCAC is a member, began a campaign urging provincial governments to reject the new passive approach for provincial corporate tax policy.
Since then, the incoming New Brunswick government included a commitment to this in its election platform, and the new Ontario government has announced it will reverse the previous government’s decision to adopt the federal approach.
The campaign is continuing with the hope that other provinces will follow suit—and that the federal government will reverse its commitments.