Mary Ng
Hon. Mary Ng
Member of Parliament for Markham—Thornhill
Lowering the Small Business Tax Rate to 9%
January 18, 2019

As of January 1st, the Small Business Tax Rate will drop yet again from 10% to 9%, giving Canada one of the lowest Small Business Tax Rates in the world and providing up to $7500 in savings for small business owners a year.

Small businesses make up 98% of all Canadian businesses and employ 8 million hard-working Canadians from coast to coast to coast.

They are the restaurants, stores and services we love, as well as the high-growth companies that are innovating across sectors and creating middle-class jobs.

As a small business–friendly government, we’re working hard to reduce red tape and make it easier to do business by:

Because our government believes that diversity is our strength, we also have programs specifically designed to help those traditionally under-represented in our economy—like women, youth and Indigenous people—succeed.

And to make it as easy as possible for small business owners to find the government programs and services they’re eligible for, we launched Innovation Canada, a website that’s fast and easy to use.

Main office - Markham
16 Esna Park Drive Unit 107
Markham, Ontario
L3R 5X1


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Office Hours
Mon: 10 a.m. — 4 p.m.
Tue: 10 a.m. — 4 p.m.
Wed: 10 a.m. — 4 p.m.
Thu: 10 a.m. — 4 p.m.
Fri: 10 a.m. — 1 p.m.
Sat: Closed
Sun: Closed

Hill Office
House of Commons
Ottawa, Ontario
K1A 0A6


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