It’s been a bad couple of weeks for Bill Morneau. Yesterday he said he will put his considerable wealth in a blind trust. Tim Harper writes: Morneau finally did the right thing, placing his substantial assets in a blind trust and announcing he would begin divesting his interest in the
Continue readingTag: Morneau’s Tax Reform
Northern Reflections: Eminently Sensible
There has been a lot of fury about Bill Morneau’s tax changes. His failure to disclose the full story behind his French villa hasn’t helped his cause. But the main problem he has faced is that his changes aren’t simple enough to understand. Robin Sears recalls a conversation he had
Continue readingNorthern Reflections: It’s All About Distraction
Linda McQuaig tells the history — and the real story — behind the Liberal government’s attempt to close a tax loophole: Twenty-five years ago, Brian Mulroney’s Conservative government introduced a tax change beneficial to wealthy families owning private trusts. One of the arguments used to justify the change was that
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