The Canadian Federation of Independent Business (CFIB) is Canada’s largest association of small and medium-sized businesses. The CFIB has published its list of recommendations for the upcoming federal budget 2017. The recommendations for the upcoming budget includes the reduced tax rates of 9% for small business, consideration of  implementing a permanently lower EI rate for small employers and an “Innovation Deduction” that would allow businesses to claim up to $100,000 per year spent on new equipment or technology.