By reducing the rewards of investment and entrepreneurship, governments in Canada have discouraged the very activity they profess to encourage.
personal income tax
The Trudeau Liberals have raised the top personal tax rate on many of Canada’s highly skilled and educated workers.
Since forming government, the Liberals have announced several tax hikes and more may be on the way.
On personal income taxes, Albertans have been hit twice in recent months by provincial and federal tax hikes.
If the B.C. government truly wants to make the provincial tax system more competitive, reform is needed across three key taxes.