Incorporation is important to our industry as owner-operators. You have an example right here. Johanne and Shelley are owner-operators. They are incorporated. In essence, they are small businesses, but they operate under the small business act and run their business accordingly.
What needs to be understood here is that there are zero taxable benefits to incorporating as a truck driver as a personal services business.
Folks, if we had to do a quick show of hands and I asked you if you wanted to incorporate as a PSB but pay more taxes, would anybody want to sign up? That's the reality of the personal services business tax model.
By the way, you forgo overtime. You forgo holiday pay. You forgo 10 paid sick days. That's thousands of dollars, and you pay more tax.