Canada's tax policy is rotting from underneath. Here's how to fix it in the upcoming budget

1 month ago 7

Rommie Analytics

The Department of Finance has run a string of stakeholder meetings and consultations over the summer ahead of the next budget, with a public portal for submissions closing Tuesday.

A contractor looked at my deck a few years ago and found rotting boards underneath. His fix: sand it down, apply filler and add a coat of paint. Cheap and fast, so I agreed.

Recently, a second contractor pulled back the paint and showed me decay that had spread well past cosmetic repair; the whole structure was now at risk. I was frustrated and embarrassed with myself. I had the chance to do it right the first time, but instead paid for something that wasn’t.

That story keeps coming to mind, because it describes how Canada tends to approach tax policy.

The Department of Finance has run a string of stakeholder meetings and

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