The recent announcement from the federal government regarding impending tax amendments has caused some uproar from the small business community across Canada, who would largely be affected by the changes.

As a result, the Estevan Chamber of Commerce hosted a luncheon on Wednesday with a talk from representatives of the tax division of MNP to discuss the matter, and a large contingent of locals came out for the presentation.

"The turnout was absolutely tremendous," stated Executive Director Jackie Wall, "We had over 70 people in attendance, and the information was invaluable."

"There's still a lot of questions, and there's still a lot of ambiguity about what's exactly going to come down from the federal government. You can see that people are concerned, and they want to know what it's potentially going to do and how to prepare for that."

She noted that there is a lot of local buzz on the situation.

"There's consideration on whether to move money somewhere else, taking a look at different tax planning for the 2017 year and looking into 2018. The fortunate thing is that we have experts in our community that are able to help people with that, and MNP always provides outstanding information. They stay on top of everything that's coming down as far as taxation."

Wall encouraged small businesses to speak to their accountants. Once the legislation is finalized, she said that they would look at doing something in 2018 to get people up to date through another general information session, when they know exactly what things will look like.

"Some of it you pretty much know is going to take effect, but there are still a lot of details to be determined."

More Local News

The B&T Gun Show Back For Its 6th Year

One could make the argument that the safest place in Estevan was at the B&T Gun Show this weekend. The Floors were jam-packed with hunters, sportsmen, and enthusiasts. The Wylie Mitchell Hall was…

Southeast College to Implement Business Management Essentials Program

Southeast College has plans to implement a Business Management Essentials program. Dion McGrath, President, and CEO of Southeast College shared some highlights of their plans in a media release on…

There Was A 78% Increase In Workplace Fatalities Last Year According To WCB

The Workers Compensation Board of Saskatchewan has released some of there injury and fatality numbers for the year 2018. While the ten-year average has seen a steady decline in the number of…

Changes That Simplify Payments To Foster Parents

The Saskatchewan Foster Families Association is applauding the Saskatchewan Government's announcement that they will simplify the payment structure for foster families. Currently, foster families…

Autism Funding Comes Up Short

With the recently released budget, the provincial government bumped the number of funding families with children with autism under the age of six receive. The funding is being increased from $4,000 a…

Envision Counseling Get's A Boost With Budget

In the 2019-20 Provincial Budget, it will include a strong focus on mental health. Funding for targeted mental health and addictions initiatives ins increasing by nearly $30 million in this budget to…

C.U.P.E Not Happy With The Provincial Budget

With the provincial budget released on Wednesday, there were cheers and boos from all corners of the province, one group that has almost nothing good to say about the budget is the Canadian Union of…

EPS Deal With Multiple Calls Last Night

The Estevan Police Service had another steady night last night with issues ranging from assault to theft there was no shortage of work for the boys in blue. Sgt. Tyler McMillan gave us some of the…

The EPS Make One Arrest for Assault Last Night

The Estevan Police Service was busy making the rounds last night, The intense hockey game kept most peoples attention for the night however there were a few incidents of note. Sgt.Tyler McMillan.…

Saskatchewan's Population On The Rise

The population in Saskatchewan is on the rise and has been since at least 2007. The population grew by 11,459 people in 2018 to 1,168,423 according to new figures released by Statistics Canada. The… is Estevan's only source for community news and information such as weather and classifieds.

Search the Biz Guide