Tax plan will result in hundreds of millions in lost revenue: report
Evan Solomon talks to Assistant Parliamentary Budget Officer, Mostafa Askari about what the report means
Evan Solomon speaks with Mostafa Askari, the Assistant Parliamentary Budget Officer, at Third Floor York in Ottawa January 22, 2016. (Blair Gable)
Share
A new report from Parliament’s budget watchdog is more bad news for Canada’s Finance Minister Bill Morneau. The report found that the new Liberal tax bracket changes will cost them hundreds of millions of dollars more than they expected in lost revenue. That depressing report comes on top of another one that found the Canadian’s consumer debt is sky high. Where will the revenues comes from?
As Parliament resumes on Monday and the Trudeau government starts to deliver on all its promises, they may have to start looking under the couch cushions for pennies to pay for them.
Evan Solomon spoke with the Assistant Parliamentary Budget Officer, Mostafa Askari.