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luxury tax

  • New Tax Hike on Wealthiest Will Cause Some to Seek Ways to Minimize Tax Payments: PBO
    New Tax Hike on Wealthiest Will Cause Some to Seek Ways to Minimize Tax Payments: PBO
    A tax hike on Canada’s wealthiest tax filers, affecting less than 26,000 people, will generate less revenue than what the federal government expected, according to a report by the Parliamentary ...
    September 8, 2023BY Isaac Teo
  • Luxury Tax on Cars, Planes, Boats Will Eliminate Hundreds of Jobs: Federal Finance Report
    Luxury Tax on Cars, Planes, Boats Will Eliminate Hundreds of Jobs: Federal Finance Report
    The Liberals' new luxury tax, which applies to the sale of new luxury vehicles and aircraft priced over ...
    March 29, 2023BY Marnie Cathcart
  • Finance Committee Urges Freeland to Raise Taxes in New Budget
    Finance Committee Urges Freeland to Raise Taxes in New Budget
    The House of Commons Standing Committee on Finance is urging Finance Minister Chrystia Freeland to introduce tax hikes in ...
    March 16, 2023BY Peter Wilson
  • Cory Morgan: Luxury Tax Will Foster Class Divisions and Compel the Wealthy to Take Their Money Elsewhere
    Cory Morgan: Luxury Tax Will Foster Class Divisions and Compel the Wealthy to Take Their Money Elsewhere
    Commentary While the COVID-19 pandemic is ever so slowly moving into the rear-view mirror for Canadians, the economic ...
    September 6, 2022BY Cory Morgan
  • Planned Luxury Tax Would Reduce Sales and Tax Revenues: Budget Watchdog
    Planned Luxury Tax Would Reduce Sales and Tax Revenues: Budget Watchdog
    The new tax on luxury purchases of planes, boats, and high-end vehicles announced in the 2021 federal budget ...
    May 27, 2022BY Noé Chartier
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