Feds receive more warnings over tax proposals as public consultation closes
OTTAWA — With its public outreach winding down, the Trudeau government received fresh warnings Monday from major industry associations about the negative fallout from its controversial tax-reform proposals.
Business leaders sent new letters to Ottawa insisting the proposed tax changes, which the Liberals have said are aimed at creating more fairness in the system, will cause considerable collateral damage in the economy.
The latest criticisms of Ottawa’s plan to change tax rules for private corporations arrived as the government’s 75-day consultation period on the proposals approached its deadline late Monday.
Finance Minister Bill Morneau has tried to address the outrage by insisting the government has been listening to the feedback and will make adjustments, if necessary.