Running a small business in Bourget is rewarding, but let’s be honest—navigating the CRA’s programs, credits, and supports can feel like a full-time job on its own. I talk to many local business owners who worry they’re missing out on money the government has set aside to help them grow.
That’s why I’ve put together this updated 2025 guide to CRA programs for small businesses in Bourget. Whether you’re just starting out or have been operating for years, here’s what you should know.
1. Small Business Deduction (SBD)
If your business is incorporated, you may qualify for the Small Business Deduction, which lowers your corporate tax rate significantly. In 2025, the federal small business tax rate remains at 9% on the first $500,000 of active business income.
For a growing business in Bourget, that can mean thousands of dollars in savings each year.
2. Input Tax Credits (ITCs) for HST
If you’re registered for HST, don’t forget that many business expenses allow you to claim input tax credits to recover the HST you’ve paid. From supplies and rent to utilities, these credits can make a big difference—if your bookkeeping is accurate and up to date.
3. Apprenticeship Job Creation Tax Credit
If you hire and train an apprentice in a trade, the CRA offers a non-refundable tax credit of up to 10% of eligible salaries and wages, to a maximum of $2,000 per year per apprentice. This is especially useful for contractors, construction companies, and skilled trades in the Bourget area.
4. Scientific Research & Experimental Development (SR&ED) Tax Credit
Don’t let the name scare you—this program isn’t just for labs or tech startups. Many businesses doing product improvements, testing, or process development in Bourget may qualify. The SR&ED credit can refund a portion of wages, materials, and overhead costs tied to R&D.
5. Canada Emergency Business Account (CEBA) Repayment Rules
While CEBA was a pandemic-era program, many small businesses are still navigating repayment rules in 2025. If you haven’t settled your CEBA loan yet, knowing the deadlines and forgiveness conditions is essential to avoid costly interest charges.
6. Digital Adoption Program
The government is still encouraging small businesses to modernize. Through the Canada Digital Adoption Program (CDAP), businesses can access grants to help cover the cost of e-commerce platforms, digital marketing, and technology upgrades. For many Bourget entrepreneurs, this can help improve sales and efficiency.
7. Hiring & Training Incentives
Several CRA-supported incentives exist for businesses that create jobs. For example:
- Work-Sharing Program: Helps you avoid layoffs during slow periods.
- Wage subsidies for youth employment: Useful if you’re hiring students or recent graduates in Bourget.
Why Local Businesses in Bourget Should Act Now
These programs are valuable, but they’re also time-sensitive. Deadlines, eligibility, and documentation requirements can change quickly. Missing out on even one opportunity could mean leaving thousands of dollars on the table.
As a bookkeeper, my role is to keep you on track—making sure your records are organized, your claims are accurate, and you’re tapping into every credit or program you qualify for.
Final Thoughts
Small business owners in Bourget already wear too many hats. Staying on top of CRA programs shouldn’t be another burden. With the right support, you can stay compliant, reduce your tax bill, and free up cash to reinvest in your business.
👉 Book a Free Discovery Call today, and I’ll walk you through which CRA programs your business may qualify for in 2025. Let’s find out what you’re eligible for before it’s too late.
