Jun 25, 2018
By Michelle Saunders
More Canadians and corporations failed to pay Canada Revenue Agency upon filing returns. The amount of tax that Canadians admit to owing Ottawa but haven’t paid rose to a record $43.8 billion this year, despite a Liberal government promise to “stabilize” that sum. And an internal Canada Revenue Agency projection obtained by CBC News says the amount of unpaid tax owed is set to hit more than $47 billion by 2020. The steady increase in the tax debt — up by about $2 billion annually since the Liberals came to power — comes despite a major investment in the 2016 federal budget to wrestle down fast-rising levels of uncollected tax debt. Libby will be speaking with Christine Van Geyn, Ontario Director of the Canadian Taxpayers Federation and David J Rotfleisch a tax lawyer.
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