Over the years, the federal government has shown a penchant for muddling the tax system with a myriad of tax credits, deductions, exemptions and exclusions. But tax expenditures—as they are collectively known—recently drew fire from Canada’s auditor general.
personal income tax
October 31, 2014
10:00AM
Prime Minister Stephen Harper recently announced his government will introduce income splitting for tax purposes at an annual cost of roughly $2 billion.
September 25, 2014
10:00AM
“We want Quebecers to pay less tax and taxes,” said Quebec’s premier Philippe Couillard, in advance of recommendations from a special panel tasked to make the province’s tax system more competitive. The window for change appears to be opening, and the premier’s statement is a positive sign.
