With companies up in arms over a looming hike to Ontario's minimum wage and an election barely six months away, the Wynne government is offering small businesses a tax cut and new incentives to hire and retain young workers. (Canadian Press File Photo)The tax cut announced Tuesday leaves Ontario with the third-highest small business tax rate among the provinces. Despite his corporate tax break, Sousa is adjusting upward his forecast for corporate tax revenue in 2017-18 to $15.4 billion. The MPP for Nipissing says the tax cut falls short of what is required to keep small businesses viable after the $15 minimum wage is implemented. Provincial corporate tax rates

Source: CBC News November 14, 2017 20:29 UTC