Editing Small and medium enterprises (section)

==== Canada ====
[[Industry Canada]] defines a small business as one with fewer than 100 paid employees, and a medium-sized business as one with at least 100 and fewer than 500 employees.  As of December 2012, there were 1,107,540 employer businesses in Canada of the rally {{Clarify|date=July 2022}}.  Canadian controlled private corporations receive a 17% reduction in the tax rate on taxable income from active businesses up to $500,000.  This small business deduction is reduced for corporations whose taxable capital exceeds $10M and is eliminated for corporations whose taxable capital exceeds $15M.<ref>{{cite web|title=T2 Corporation - Income Tax Guide - Chapter 4: Page 4 of the T2 return|url=http://www.cra-arc.gc.ca/E/pub/tg/t4012/t4012-06-e.html|publisher=Canada Revenue Agency|access-date=27 April 2014}}</ref>  It has been estimated that almost $2 trillion of Canadian SMEs will be coming up for sale over the next decade, which is twice as large as the assets of the top 1,000 Canadian pension plans and approximately the same size as Canadian annual GDP.<ref>{{Cite web|url=http://www.equicapita.com/wp-content/uploads/2013/04/Equicapita_May_050214.pdf|title=Equicapita May 2014 - Who Will Buy Baby Boomer Businesses?}}</ref>