Posts in External
Why Canada needs a comprehensive tax review

The most notable element of the new U.S. tax law is a reduction in both corporate and personal tax rates – the former on a permanent basis and the latter temporarily through 2025. Many expect the changes will have a stimulative effect on U.S. economic growth, inbound investment and job creation. Others express concern about their effect on federal deficits, the national debt and the after-tax distribution of personal income.

Read More
ExternalGraham Scott
A review is nice, but it’s time for Canada’s 30-year tax revamp

It's good that Finance Minister Bill Morneau has announced a review of tax expenditures. I would go further. With low normal growth, Ottawa needs to jolt the economy by revamping Canada's overall tax structure for the first time since the tax reforms of 1986-87. We should broaden the tax base, lower marginal rates and shift reliance on to the less economically harmful taxes to encourage investment, risk-taking and entrepreneurship.

Read More
ExternalGraham Scott