@CynicalNycholas@newstart_2024 Apologies my mistake.
Like everything the government hands out, it comes from the tax payer. I fear for my kids future the way money we don’t have gets spent these days.
@Penguins1617 @misterJDG @tr6_guy Not sure how they all agreed when they haven’t sat since December. Pivotal moment in Canadian history. Hopefully whoever leads this country at the end of the month starts moving it in a direction that is actually good for the folks in it.
@misterJDG @tr6_guy Not true. Work in the green industry and many products coming in from USA like LTE and radios communication for irrigation controls, tools and many other parts are included. Very stressful and hurting small business in this sector as well.
My latest @financialpost article discusses the latest symptom of a tax system that is in desperate need of repair: the fact that the CRA can not yet handle tax filings with capital gains:
“Another tax season, another tax filing debacle: the Canada Revenue Agency on March 11 announced its systems were not yet ready for personal tax filings that include capital gains…
This is the third year in a row that some issue has affected tax preparation. For the 2022 filings, it was the massive confusion involving the new Underused Housing Tax. Last year, it was the bare trust debacle. Now, it’s the capital gains confusion and delay…
However, the recent tax debacles are just one piece of a much larger puzzle. Canada’s economy has been extraordinarily mismanaged for years, and our tax policies and systems have done nothing to address such mismanagement.
As economist Jack Mintz recently said, we can’t afford another lost decade. Our country risks economic stagnation if we don’t address our structural issues. He highlighted that our economy has been stagnant, with virtually no growth in real per capita gross domestic product (GDP) for the past 10 years...
Regarding taxation, here are five ways to help fix the mess we are in.
1. Future governments need to stop announcing significant tax changes through news releases...
2. Recognize that good tax policy matters. It’s not all about politics. Instead, good tax policy drives investment decisions and attracts successful and talented people…
3. Genuine efforts need to be made to simplify the Income Tax Act and its related administration…
4. Ensure the CRA is prepared before changes take effect...
5. Overall, we need significant tax reform to deal with the above challenges. It’s long overdue…
The next federal election will be an important referendum on Canada’s economic future. The choice is clear: keep heading down the path of reckless tax policy and economic mismanagement or elect leadership that actually understands how tax policy impacts the economy.
On Oct. 21, 2019, Canada’s Election Day that year, I was in the audience at the Vancouver tour stop of the classic rock band The Who…I loved the concert, but despised the election result. Five and a half years later, I’m hoping Canadians Won’t Get Fooled Again. As the song says, “Meet the new boss, same as the old boss.”
If we don’t demand real tax reform, we won’t just get fooled again; we’ll get fleeced again.
To those who find comfort in shouting “Elbows up,” I understand the assertive Canadian patriotism. But empty slogans — what we call “all hat, no cattle” in my home in Calgary — won’t fix our broken tax system or our mismanaged economy. Instead, we need real leadership, meaningful tax reform, and a clear path out of this lost decade. It’s time for action, not just words. Vote wisely.” https://t.co/TdmO43dYb0
Yes, let’s talk about losing our sovereignty.
China has been undermining it for years, they’ve helped pick our next government. They run their transnational crime groups and secret police stations inside Canada.
Can we get some outrage here?
@SpencerFernando So that some rural folks can’t do there job as efficiently or effectively? Good thinking. We should keep cancel culture and banning things. It’s really brought this nation together the last decade.
The economies of Canada and the United States are linked in so many ways, so let’s focus on what we do well. Continental Food, Energy and Manufacturing Security.
As a woman in the Canadian golf industry for the past 27 years, I am excited to be attending this @ngcoacanada Women in Golf Summit. I could not be more proud to be representing @RainBirdGolf@RainBirdCorp as the sponsor of this event. See you in Montreal!