Advertisement

Morneau draws criticism from business, concerns from Nova Scotia premier over tax proposal

The Canadian Chamber of Commerce wants more time on proposed tax changes
WATCH ABOVE: The Canadian Chamber of Commerce says they would like a longer consultation process on proposed tax changes. Adrienne South reports.

Finance Minister Bill Morneau is in Halifax today for his “listening tour” over Ottawa’s controversial tax proposals, drawing criticism from some small business owners and concerns from Nova Scotia’s Liberal premier.

Morneau met with local small business owners at a library in downtown Halifax, where other small business owners were met by a locked door. Many wondered why they weren’t allowed inside to have their voices heard.

READ MORE: Will Trudeau’s reforms really mean 73% tax for small business?

At the Nova Scotia legislature, Premier Stephen McNeil expressed concern about the impact the changes could have on health care recruitment in his province, ahead of a meeting with Morneau later in the day.

The proposed changes have drawn complaints from doctors, lawyers, tax planners and other small business owners who’ve used incorporation to reduce their income tax burden.

Story continues below advertisement

WATCH: Canadians pay on average 42.5 per cent of their income in taxes: report

Canadians pay on average 42.5 per cent of their income in taxes: report
Canadians pay on average 42.5 per cent of their income in taxes: report

Morneau says the changes are meant to end tax advantages that some wealthy business owners have unfairly exploited and to ensure all Canadians have a level playing field.

He’ll head to Fredericton Saturday to speak at the Canadian Chamber of Commerce’s annual general meeting.