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Ever since the release of the July 18, 2017 private corporation tax proposals by the Canadian government, our firm has been very active in studying the proposals and informing the public of the consequences to the extent that they become implemented into law. In Advance of September 5-7, 2017 Kelowna, BC Caucus Meetings, our firm sent an email correspondence to the Liberal MPs.

I don’t write as many blogs as other members of my firm, however, today my concern rose enough to put fingers to keyboard. On the September 7, 2017 edition of the CBC Alberta @Noon show (the portion that you’ll be interested in starts at about 39:25 and ends at about 42:45), Liberal advisor Michael Wolfson, a University of Ottawa economist, admitted to some of the consequences that the private corporation tax proposals may have for family farms.

Ever since the release of the July 18, 2017 private corporation tax proposals by the Canadian government, our firm has been very active in studying the proposals and informing the public of the consequences to the extent that they become implemented into law. In Advance of September 5-7, 2017 Kelowna, BC Caucus Meetings, our firm sent an email correspondence to the Liberal MPs.

On July 18, 2017, the Department of Finance released its private corporation tax “consultation” proposals with comments due no later than October 2, 2017; a mere 75 days later. When the proposals were released, I was on holidays with my family at Niagara-on-the Lake. That day, and most of my summer since, have been anything but a vacation.