“Canada’s tax system is not delivering for Canadians. Outdated and overly complex, it is hurting the country’s competitiveness, business growth and innovation, and it is costing individual Canadians money.
Through research and real case studies from tax professionals, Chartered Professional Accountants of Canada (CPA Canada) knows how Canadian businesses and individuals are suffering with our tax system. Tax complexity, for example, makes it difficult for businesses to access research incentives and for lower-income and other vulnerable Canadians to access much-needed income supports through the tax system.
Along with the Canadian Chamber, parliamentary committees, the Advisory Council on Economic Growth, leading think tanks, the OECD and the International Monetary Fund, CPA Canada is calling for a comprehensive tax review. We need a better, simpler, fairer tax system for Canada to grow and prosper.”