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Opinion: Canada needs a tax review and real reform, not tinkering

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25.07.2026

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Opinion: Canada needs a tax review and real reform, not tinkering

The last comprehensive look at our tax system was in the 1960s. Many small changes since then have added complexity and reduced efficiency

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During the 2025 election campaign, the Liberals promised an expert review of the corporate tax system. Now, Finance Minister François-Philippe Champagne says he doesn’t need one. Instead, the government will simply hold consultations in advance of the fall budget.

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That will be music to the ears of lobbyists. The House of Commons Standing Committee on Finance has already received more than........

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