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Ontario Cuts Small Business Taxes While Shifting the Cost to Investors

The 2026 Ontario budget lowers taxes for small corporations, but dividend investors and real estate buyers will ultimately fund part of the relief.

Ontario’s 2026 budget is designed to stimulate small business investment and housing construction without broadly reducing personal taxes. The headline measure is a cut to the small business corporate tax rate from 3.2% to 2.2% by July 2026, reducing combined federal and Ontario rates on the first $500,000 of active business income to 11.2% by 2027.

The province is also extending accelerated capital cost allowance rules, allowing faster write-offs for manufacturing equipment, clean energy assets, patents, and rental housing projects. For capital-intensive businesses, this materially improves after-tax cash flow.

At the same time, Ontario is increasing taxes on non-eligible dividends beginning in 2027. The move partially offsets the corporate tax reduction and preserves tax integration.

Housing also remains central. Ontario will temporarily rebate the full provincial HST on qualifying new homes up to $1 million, with combined federal-provincial relief reaching $130,000.

Source- PwC Canada

Mohnish Pabrai’s Real Edge Isn’t Stock Picking

The billionaire investor’s framework is built on patience, simplicity, and avoiding self-inflicted mistakes.

Mohnish Pabrai argues that most investors fail for one reason: they cannot stay disciplined long enough to let compounding work. In his conversation with Shaan Puri, he repeatedly returned to the same idea: great investing is less about intelligence and more about behavior.

Pabrai’s most valuable lesson may be psychological. Markets reward patience unevenly, which is why most people abandon sound strategies before they work.

The cautionary story of investor Rick Guerin reinforced the point. Buffett and Munger survived because they avoided forced decisions during market stress.

Mortgage Approvals Are Won Before Underwriting Begins

The strongest mortgage files are structured long before an underwriter reviews them.

Most borrowers assume mortgage approvals depend mainly on income, credit score, and submitting documents. In reality, approvals are heavily influenced by how the file is structured and presented before it reaches underwriting.

A strong mortgage broker does far more than forward an application. The real value comes from understanding how lenders assess risk and preparing the file accordingly.

This is why two applicants with similar incomes can receive completely different outcomes. Underwriters are not evaluating numbers alone. They are evaluating risk, consistency, and file quality.

Well-prepared applications often move faster, face fewer complications, and create stronger negotiating positions with lenders. In many cases, the approval outcome is shaped before underwriting even begins.

Mortgage financing is ultimately a strategic process, not an administrative one.

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CRA’s Four-Day Office Mandate Is Exposing a Bigger Operational Problem

The federal government is tightening return-to-office rules faster than departments can realistically support them.

The Canada Revenue Agency will require many employees to work in-office four days a week starting this summer, aligning with the Treasury Board’s broader push to normalize onsite work across the federal public service.

The issue is not the policy itself. It is the uneven execution.

Union leaders say a significant share of CRA offices lack enough desks and infrastructure to accommodate staff. The result is a fragmented rollout where some employees remain hybrid while others face near full-time office attendance based largely on building capacity, not job function or productivity.

The CRA employs more than 52,000 people, making it one of the federal government’s largest operational environments. A policy change at this scale is less about attendance and more about whether the underlying workplace systems can handle the transition without reducing efficiency.

Several federal departments have already delayed implementation because office capacity is not ready. That raises a larger question: whether the government underestimated the logistical cost of reversing remote work.

Source- CTV

SpaceX’s IPO Is Bigger Than Rockets

The real bet is Musk’s full ecosystem.

Fraser Simpson, in a recent TikTok video, explains that SpaceX’s reported IPO is not simply a space-company listing. Investors are buying exposure to rockets, Starlink, AI, government contracts, and Elon Musk’s ability to execute at scale.

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SpaceX IPO explained: Elon Musk’s 2 trillion dollar bet could become the biggest IPO in history. SpaceX is reportedly preparing to go publ... See more

The valuation is where the debate starts. Reports suggest SpaceX could target nearly $2 trillion despite roughly $20 billion in annual revenue and heavy AI-related losses. That places the company far above traditional valuation norms, even compared with major technology leaders.

Starship Flight 12 may also shape investor sentiment in real time. A successful launch strengthens the growth narrative. A failure makes the pricing harder to justify.