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Liberal leader Justin Trudeau could draw on personal experience when he claimed that a “large percentage” of small businesses are used by wealthy people to shield income from taxation.

Trudeau was asked about his plans for changes to taxation on small businesses during an interview with CBC, broadcast Tuesday night.

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“A large percentage of small businesses are actually just ways for wealthier Canadians to save on their taxes,” he said. “We want to reward the people who are actually creating jobs, and contributing in concrete ways. So there’s a little tweaking to do around that.”

Trudeau himself was involved in at least three small business that were federally incorporated, one of which he used to receive income for paid speaking events he did between 2006 and 2011.

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He was the owner and sole director of JPJT Canada Inc., the corporate face of a speaking business that earned him about $1.3 million over a six-year period.