Useful Links for Canadian Small Businesses

Navigating the intricacies of Canadian taxation, employment laws, and other financial obligations can be overwhelming. Here’s a compilation of useful links to assist you:

Canada Revenue Agency (CRA)

  1. CRA Main Website – The primary source for all things tax-related in Canada.
  2. HST Information – Everything you need to know about the Harmonized Sales Tax.
  3. TD1 Form – The Personal Tax Credits Return form.
  4. T2 Corporate Tax Form – Corporation Income Tax Return form.

Employment and Labor

  1. Ontario Employment Standards Act – Comprehensive guide on employment standards in Ontario.
  2. WSIB – Registering for WSIB Insurance – Information on whether your business needs to register for WSIB insurance and how to do it.

Financial Tools and Calculators

  1. Loan Amortization Calculator – Plan your loans and understand the repayment schedule.
  2. GST/HST Calculator – Quickly determine the GST/HST on a particular transaction.

Funding, Grants, and Tax Credits

  1. IRAP – Industrial Research Assistance Program – Government of Canada’s premier innovation assistance program for small and medium-sized enterprises.
  2. BDC – Business Development Bank of Canada – The only bank devoted exclusively to entrepreneurs, providing funding and advisory services.
  3. CMF – Canada Media Fund – Financial support to the Canadian television and digital media industries.
  4. OIDMTC – Ontario Interactive Digital Media Tax Credit – A refundable tax credit for corporations developing interactive digital media products in Ontario.

Business Opportunities and Local Support

  1. CanadaBuys – The Government of Canada’s new procurement platform, providing access to business opportunities.
  2. Invest Ottawa – Delivers economic development programs and initiatives that increase entrepreneurial momentum in Ottawa and the surrounding region.

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