The federal government is going to phase in tax cuts for small business. The rate will be reduced from the current 10.5 percent to 10 percent on January 1st.
Prime Minister Justin Trudeau says a second cut will see the rate fall to 9 percent at the beginning of 2019.
The 2016 budget froze it at 10 and a half and cancelled a legislated reduction to nine per cent instituted by the previous Conservative government.
It is the first of several announcements the Liberals plan to roll out this week to try to re-establish their claims that they are the champions of middle-class Canadians.
Federal Conservative leader Andrew Scheer says the government is proceeding with small business tax cuts, only after a massive public backlash to other income tax proposals, such as changes to income sprinkling and capital gains.
(With files from CJWW)