Philip Cross: The Canada Revenue Agency, a black hole that swallows up small-business dreams
Source: Financial Post
Author: Philip Cross
The importance of small business is undeniable. As Michael Novak wrote in Business as a Calling, small business creation is a “good index of the general health of society — not only its economic health but also its morale, hopefulness, and spirit of generosity for others.” Canada’s political class unanimously subscribes to the mantra that small businesses are the bedrock of our economy, with more than two million small firms employing nearly half the workforce. So why is it so difficult to set up and run a small business in this country?