Effective January 1, 2026, the Canadian Institute of Chartered Business Valuators (CICBV) introduced significant revisions to its Valuation Practice Standards, with a particular focus on calculation valuation reports. These changes reflect a shift toward increased rigor, consistency, and transparency, driven by insights from practice inspections, evolving expectations of courts and regulators, alignment with International Valuation Standards, and the growing need for more rel

The 2026 Ontario Budget introduces proposed changes to small business and personal dividend tax rates that could meaningfully affect the fair market value of Ontario CCPCs. This article outlines how reduced small business tax rates may increase business values, while higher non‑eligible dividend tax rates could increase personal contingent disposition costs for shareholders.