The following are summaries of the tax rate changes for 2017 in the Canadian provinces of British Colombia, New Brunswick, Quebec, and Saskatchewan.
British Colombia
Effective 1 April 2017, the small business income tax rate is reduced from 2.5% to 2.0%.
New Brunswick
Effective 1 April 2017, the small business income tax rate is reduced from 3.5% to 3.0%.
Quebec
Effective 2017, the corporate income tax rate is reduced to 11.8%, and will be further reduced as follows: 11.7% in 2018, 1…