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Canada’s tax code needs an overhaul. Here’s what reform could mean

Summary by MoneySense
One of Prime Minister Mark Carney’s point people on the government’s budget consultations says Ottawa plans to tackle long-awaited tax code reform “one bite at a time” and changes for small businesses are high on the priority list. The Canadian Press spoke to a number of tax experts and advocates in recent weeks who all agreed that major reform to simplify and improve Canada’s tax system is long overdue. They get little argument from Wayne Long,…
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MoneySense broke the news on Wednesday, August 19, 2026.
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