ALDRICH: Tax Freedom Day hardly reason to celebrate
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Sunshine lists have helped narrow the gender pay gap, but Ottawa won t commit to one
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Future generations will pay for spending bill
Poll
yes
By Lethbridge Herald Opinion on May 15, 2021.
Canadian babies born on federal budget day 2021 had more than $28,000 of debt the moment they opened their eyes. That’s each Canadian’s share of the federal government’s $1-trillion debt. And it’s going up. By the time those little ones blow out their candles on their fifth birthday, Ottawa projects their shares of the federal debt will be about $35,000 each. It’s important to know why the debt is soaring. The pandemic caused federal revenues to drop by 11 per cent in 2020. But here’s the bigger part of the story: Ottawa’s spending shot up by 75 per cent.
SASKATOON Man frustrated with Canada Revenue Agency over years long tax ordeal Larry Waldinger said he could not believe the large bill he got from the Canada Revenue Agency (CRA). When you get a bill for half a million dollars, and you’re a humble bus driver, that s a bit of a shock, Waldinger said. He said he moved from Saskatchewan to California in 2015. In 2017, after a mistake was discovered on a tax return relating to a property he owned in Saskatoon, the CRA began auditing his taxes from 2015 and the year prior. In an effort to correct the mistake, he said the CRA asked for more documents. According to Waldinger, at one point the CRA sent him a letter that was incorrectly addressed and he never got it.