That understatement is according to Calgary tax lawyer Roy Berg in an article in Lexpert, the Business Magazine for Lawyers.
Mr. Berg also says:
“Fortunately, the Parliamentary Joint Committee on Taxation is putting together a paper to fix it.”
I’m not sure it’s fixable. The total disregard for our submissions tells me how seriously either Finance Canada or the Cons take take our very real concern.
The article also says:
But even if it’s fixed, a constitutional challenge may be looming. Peter Hogg, a leading constitutional law scholar and a scholar-in-residence at Blake, Cassels & Graydon LLP, has warned that the implementing legislation may violate the Charter of Rights and Freedoms.