Quebec cuts taxes for 75,000 small and medium-sized businesses
;Resize=(620) "Christine Fréchette says the tax rate for SMEs will drop from 3.2 per cent to 2.2 per cent on the first $500,000 of income, allowing each business to save up to $5,000 per year.")
Quebec Premier Christine Fréchette is offering tax relief to about 75,000 small and medium-sized enterprises (SMEs). Fréchette emphasized this measure comes against a backdrop of economic uncertainty, citing the U.S. tariff war, the war in Ukraine and the conflict in the Middle East, which is driving up energy costs.
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