Senior advisor laments the impact of legislation she says has caused a lot of unrest

Almost six months on from the budget, the tax changes remain a “slap in the face” to Canadian small business owners.

Cindy David, president of Cindy David Financial Group and independent senior estate planning advisor for Raymond James, said the Liberal government’s policies continue to be a source of unrest and uncertainty for clients.

In July 2017, Finance Minister Bill Morneau lit a fuse by unveiling proposals including changes to the treatment of dividends and capital gains, sharing business income with family members and, most controversially, restricting the use of small corporations for making passive investments, such as stocks.

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