This electronic communication is a resource providing businesses and interested parties with relevant information about funding sources, events, resources, and other local municipal information.

Proposed Tax Cuts in Ontario's Budget

Small Business Tax Rate Reduction

As part of the 2026 Budget, the Ontario government is proposing to lower the small business tax rate from 3.2% to 2.2% starting July 1, 2026. This change would be adjusted if a business’s tax year crosses that date. Because business owners pay personal tax on dividends, the dividend tax credit will also be reduced starting January 1, 2027.

Tax Breaks for New Home Purchases

The government is taking steps to temporarily enhance the existing Ontario Harmonized Sales Tax (HST) New Housing Rebate and New Residential Rental Property Rebate to fully remove the 8 per cent provincial portion of the HST paid for qualifying new homes valued up to $1 million.

Simplifying and Reducing Taxes for Alcohol

The government is proposing to combine the basic, volumetric and environmental beer taxes into a single tax rate. The government is proposing changes to tax rates effective April 1, 2026, to align with the implementation of the new LCBO wholesale mark-up pricing structure. 

Canada Hits Defence Spending Targets

Canada has now reached NATO’s 2% defence spending target bringing significant new investment into military infrastructure and communities across the country. As a key military community, continued investment in defence aligns with recent announcements of over 1,000 new housing units coming to Petawawa. On March 26th, Prime Minister Mark Carney said over the next decade Canada will spend half a trillion dollars in defence and defence related investment.

Gas Prices Continue to Rise Over Past Month

IMPACT TO AVERAGE DRIVER

Since the end of February, the price of regular led gasoline in Petawawa has climbed 41 cents a litre, an increase of 33%. For a driver putting 40 litres of gas in their vehicle that works out to an extra $17.20 at the pumps.

IMPACT TO COMMERCIAL TRUCK DRIVERS

The Canadian Truck Operators Association warns rising diesel prices, now exceeding $2.39 per litre in Toronto, are adding pressure to small carriers and independent operators. One CTOA member transporting essential goods says fuel costs have gone from $1,600 to $2,300 per truck, an increase in $700 every fill.

Grants, Funding and Opportunities

Eastern Ontario Development Fund: 15% to a maximum of $500,000 

• Application period is open until May 27th, 2026

Petawawa Community Improvement Plan (CIP): up to $5,000 for various upgrades including:

• Accessibility
• Signage
• Exterior Building Upgrades
• Landscaping
• Parking Lot Improvements

Funding to support businesses to respond to global trade pressures: Non-repayable funding to cover a maximum of 50% of eligible costs

Grants to Train Apprentices: Up to $17,000 to help with the costs of training when your apprentices reach major training and certification milestones.

Upcoming Business Webinars, Events & Info Sessions

• April 7 | 11AM-12PM: Starter Company Plus Information Session
• April 9 | 1PM-2PM: Starter Company Plus Information Session
• April 14 | 10AM-11AM: Banking Solutions for Small Business 
• April 28 | 10AM-11AM: Legal Bootcamp with OWNR
• May 14 | 11AM-4PM: Franchise Your Business Seminar

Petawawa's Valley LINE-X Wins Franchise of the Year

Petawawa Pride Event Looking for Business Support

The Town of Petawawa’s Equity, Diversity, and Inclusion Advisory Committee is inviting local businesses to participate in the 4th annual Pride event. The event is on June 12th, 2026, from 5-8 pm.

Local businesses and community members are invited to contribute to the success of the event in the following ways:

Financial Donations: Funds will go towards entertainment and activities.

Food and Drink: Contributions of refreshments.

Supplies and Services: Any other items or services that could enhance the event are also welcome, such as decorations or volunteer support.

Contributing to this event is an opportunity to increase your visibility as a proud supporter of diversity and inclusion in Petawawa. To discuss your participation and support, or for any other Pride-related inquiries, please contact committee chair, Lisa Coutu: lcoutu@petawawa.ca.

OHTO Seeking Feedback to Grow Tourist Industry

Support tourism in our region by completing the 2025/26 Impact & Feedback Survey from Ontario’s Highlands Tourism Organization (OHTO). Your feedback helps strengthen programs, secure funding, and grow our local tourism industry.

Complete the survey for a chance to win a $500 professional photo shoot for your business or community.

Deadline: April 10, 2026 at 4:00 PM (EST)

Town of Petawawa

Petawawa Business Advisory Network

1111 Victoria St. Petawawa, Ontario

Phone 1-613-687-5536