10/15/2026
Does incorporating your business automatically mean paying less tax? Not necessarily.
While incorporation can create valuable tax planning opportunities, the real benefit depends on how much your business earns, how much you need personally, and your long-term financial goals.
In Part 2 of our professional incorporation series, we break down the Small Business Deduction, how corporate and personal tax rates compare, how tax deferral supports long-term wealth building, and how choosing between salary and dividends affects your RRSP room and CPP contributions.
Read the full article here: https://www.gba-llp.ca/tax-benefits-of-incorporating-in-canada/