A set of proposed tax code changes in Canada could potentially have a negative impact on small businesses north of the border. And even though U.S. businesses might not see any immediate impact due to these changes, the impact on partners, clients and others in Canada could eventually make a difference to U.S. businesses as well.

The legislation, according to Canadian Prime Minister Justin Trudeau, is meant to help the middle class and inject more fairness into the country’s tax structure by closing loopholes used by wealthy business owners. But a growing number of small business owners, even those who could be considered middle class, are voicing their disapproval of the changes.

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