One Comment About Taxation – What Does a 21st Century Tax Reform Look Like For Canada?   Over the years, many tax practitioners, including me, have called for tax reform. But when such rallying cries fall on the ears of the average Canadian, I’ve grown to realize that it doesn’t really resonate. It should.   For…

  One Comment About Taxation – Canada’s Federal Spending is Out of Control and It’s Only a Matter of Time Before There’s New Taxes   Canada’s population has grown from 35,871,484 at the end of Q1 2016 to 41,528,680 at the end of Q1 2025.  That’s an increase in population of 5,657,196 – 15.8% – during that…

  One Comment About Taxation – Canada May Soon Be a “Bad Country” in the Eyes of the U.S. Tax Code   When Donald Trump won the U.S. election last November, many in the Canadian tax community were concerned that Canada would become even less competitive than we already are.  I wrote about that days after the…

  One Comment About Taxation – Is Canada Going to Have a Federal Budget Presented?   Last week, the federal Finance Minister announced that a budget would not be presented during the upcoming session of Parliament but there would be a Fall Economic Statement presented later this fall. That surprised many and it should!  Isn’t one of…

  One Comment About Taxation – The Liberal Government is Planning for Increased Tax Penalties?   Have you ever been assessed a penalty or interest amount on your personal tax return or a corporate tax return that you are responsible for?  Not fun, eh?  Penalties are used by countries around the world as a carrot-and-stick…