Canada
Quebec Premier Christine Fréchette announced Wednesday a tax cut for 75,000 small and medium-sized enterprises (SMEs) to help keep businesses competitive. On Wednesday, the province’s new premier said the tax relief comes amid economic stress the province and country have experienced since the U.S. tariffs and wars driving up energy costs.The tax rate for SMEs will drop to 2.2 per cent from 3.2 per cent on the first $500,000 of income. Fréchette said the affected business will be able to save up to nearly $630 million over five years. Get breaking National news Get breaking Canada news delivered to your…
By David Baxter The Canadian Press Posted April 29, 2026 5:03 pm 1 min read…
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