Faster tax refunds and better service is the efficiency the CRA owes Canadians
The way Canada collects income taxes appears to be stuck in the Dark Ages, writes Peter Watson. Most Canadians should have their annual income tax filing completed automatically by the government. The motivation for my column came from hearing many recent examples of how extremely frustrating it is to deal with the CRA. People will […]
Beware of Telephone Theft Attempts
Protect yourself from telephone and all attempts of theft, writes Peter Watson. Attempts to steal from you are increasingly coming via a phone call. The crooks have perfected their skills. They are very convincing. Unfortunately, they are often very successful. Our best defence is to be on the lookout for suspicious phone calls. Many stories […]
Federal Government Loses Billions in Unpaid Taxes
Every year the federal government loses just over $22 billion in unpaid taxes, writes Peter Watson. A recent report from the Canada Revenue Agency (CRA) reviewed the years from 2014 to 2018. The total amount of federal taxes that were not collected during that time period was $111 billion. In an era of ever ending […]