Ottawa – The House of Commons Finance Committee investigating the impact of tax havens on Canada’s economy should immediately call Parliamentary Budget Officer Kevin Page to produce a report on lost revenues. Earlier this week, Page released a document indicating a method to estimate such losses. Last month, Canada Revenue Agency officials dismissed requests from the committee for such an estimate.
The BC government has done the obvious things that had to be done to deal with their budget deficit. Taxes had to be raised and it was obvious that those who are able to pay more are the rich and the corporations.