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Tax break for small businesses flatly rejected by council committee


 
LONDON, ONT.
Arguing that it constituted a tax shift rather than a tax break, city council’s Corporate Services Committee unanimously voted against creating a new property tax class for small businesses.
The province recently gave municipalities the ability to create a new Small Business Tax Class, separate from industrial, agricultural, residential and other commercial classes.
The new classification could be used to reduce the municipal rate on small business tax bills by up to 35 per cent by shifting that tax burden onto the other tax classes.
The city would also be tasked with defining what constitutes a ‘small business.’ ....

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Galedo, Velasco dominate in Nat'l Trials


Published July 11, 2021, 11:22 AM
BCDA President and CEO Secretary Vince Dizon (second from left) and CDC President and CEO PBGen. Manuel Gaerlan (left), along with BCDA Vice President for Corporate Services Group Arrey Perez (second from right) and two-time Marlboro Tour champion Renato Dolosa (right) flag off Bea Marie Quiamboa for the women’s ITT. Behind is Tour multi-stage winner Neil Barlis.
Veteran Mark John Lexer Galedo and upcoming Kate Jasmine Velasco ruled their respective divisions in the PhilCycling National Trials for Road on Saturday at the Clark Freeport Zone.
Galedo, riding for 7-Eleven Roadbike Philippines, proved age doesn’t matter at 35 years old after capturing the men’s individual time trial (ITT) gold medal with a time of 32 minutes and 2.2 seconds over the 24.60-kilometer course. ....

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