{"id":"making-it-easier-do-business","slug":"making-it-easier-do-business","title":"Making it easier to do business","chapter":6,"section":"6.1","section_title":"Simplifying the tax system","heading":"Making it easier to do business","in_cost_table":true,"capital":false,"fiscal":{"unit":"CAD millions","basis":"accrual, incremental impact on budgetary balance (expense or forgone revenue)","years":["2026-27","2027-28","2028-29","2029-30","2030-31"],"gross":[4.0,55.0,60.0,56.0,61.0],"gross_total":236.0,"flags":[null,null,null,null,null],"adjustments":[],"net":[4.0,55.0,60.0,56.0,61.0],"net_total":236.0,"table":{"pdf_page":329,"printed_page":311}},"description":null,"commitments":[{"text":"Budget 2026 proposes to reduce the administrative and compliance burden of the taxable preferred share regime by:","pdf_page":312,"printed_page":294,"quote":"Budget 2026 proposes to reduce the administrative and compliance burden of the taxable preferred share regime by:"},{"text":"Corporate loss transfers: Budget 2026 announces the government's intention to introduce a corporate loss transfer rule.","pdf_page":313,"printed_page":295,"quote":"Corporate loss transfers: Budget 2026 announces the government's intention to introduce a corporate loss transfer rule."},{"text":"Taxable Canadian property: Budget 2026 proposes to simplify the withholding and remittances rules that apply when non-residents dispose of taxable Canadian property by exempting certain tax-deferred transactions from those rules and reducing the withholding and remittance rates applicable to corporations.","pdf_page":313,"printed_page":295,"quote":"Taxable Canadian property: Budget 2026 proposes to simplify the withholding and remittances rules that apply when non-residents dispose of taxable Canadian property by exempting certain tax-deferred transactions from those rules and reducing the withholding and remittance rates applicable to corporations."},{"text":"Corporate tax elections: To reduce the administrative burden of making certain income tax elections and agreements, Budget 2026 proposes to eliminate the requirement for a corporation to file a certified copy of a resolution of its directors authorising the election or agreement.","pdf_page":313,"printed_page":295,"quote":"Corporate tax elections: To reduce the administrative burden of making certain income tax elections and agreements, Budget 2026 proposes to eliminate the requirement for a corporation to file a certified copy of a resolution of its directors authorising the election or agreement."},{"text":"To better facilitate the continued operation of family-owned farms and fishing operations, Budget 2026 proposes to expand eligibility for the rollover to nieces and nephews.","pdf_page":313,"printed_page":295,"quote":"To better facilitate the continued operation of family-owned farms and fishing operations, Budget 2026 proposes to expand eligibility for the rollover to nieces and nephews."}],"amounts_in_text":[],"source":{"pdf_page":312,"printed_page":294,"chapter_url":"https://budget.canada.ca/2026/report-rapport/chap6-en.html"},"money_type":"tax","involves_loans":false,"lenses":["businesses"],"url":"https://budget2026.warreandvavasour.com/measures/making-it-easier-do-business/","chapter_title":"A more efficient government"}