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Canada’s tax system is riddled with problems and is not delivering for Canadians. The next government – no matter what political stripe – must act on the widespread call for a full tax review.
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In the lead up to the 2019 federal election, CPA Canada has written to the leaders of Canada’s federal parties to encourage the incoming government to launch a comprehensive tax review within the first year of its new mandate.
It’s been more than 50 years since the last thorough review and Canada needs a tax system built for today’s modern economy, one that supports Canadians and boosts growth.
With widespread calls to review Canada’s tax system – and public opinion in support of this – now is the time. Led by an independent expert panel, a full review would help to transform Canada’s tax system to be simpler, fairer, more efficient and competitive.
It’s said that a crisis brings out the best in people and, in most cases, that’s true. But there is a dark side to tough times, as fraudsters prey on people who are uncertain and looking for easy answers.
March 18, 2020
The federal government’s actions and fiscal support to address the widespread and devastating economic fallout of the COVID-19 pandemic are welcomed by Chartered Professional Accountants of Canada (CPA Canada).
April 2, 2020
Listen to this special edition Practitioner’s Pulse webinar where we answer some frequently asked questions around practice management issues and some key financial reporting and auditing implications of COVID-19.