Some happy campers over the Budget- it exceeded their expectations- pdf

This budget exceeded our expectations. Small business owners should love this budget. It is clear that focusing on small business priorities not only makes good economic sense, it makes good political sense. All political parties in this minority government should
support these initiatives.
For every dollar the budget allocates to spending priorities there are two dollars allocated to tax reductions. The budget hits virtually all of our members’ tax priorities: maintaining most of the personal income tax cuts previously announced; raising the small business corporate rate threshold from $300,000 to $400,000; extending the business loss carryforward provision to 20 years; lowering the small business corporate tax rate to 11 per cent; lowering the general corporate tax rate and lowering the GST rate to 6 per cent July 1, which gives business owners suitable time to adjust to the new rate.

[Budget 2006 Canada]