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Quebec concerned about impact of federal tax proposals

Click to play video: 'Quebec gets credit rating upgrade, surpasses Ontario for first time: Leitao'
Quebec gets credit rating upgrade, surpasses Ontario for first time: Leitao
WATCH ABOVE: Quebec's credit rating has been upgraded and is now boasting a higher rating than Ontario for the first time – Jun 18, 2017

Quebec Finance Minister Carlos Leitao says his province raised some concerns with the federal government over its proposed tax reforms right from the start.

Leitao tells The Canadian Press that he agrees with the overall direction of the tax proposals, which Ottawa argues are designed to inject more fairness for the so-called middle class into the system.

READ MORE: Quebec gets credit rating upgrade, surpasses Ontario for first time: Leitao

He worries about the impact the changes could have on the agricultural sector, particularly when it comes to how they might complicate the transfer of farms from one family member to another.

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WATCH BELOW: Leitao on life in Quebec

Click to play video: 'Quebec finance minister Carlos Leitao on life as an immigrant'
Quebec finance minister Carlos Leitao on life as an immigrant

Leitao says he hopes Ottawa will adjust its tax plan, which is still in the consultation stage.

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READ MORE: When it comes to the economy, Quebec has earned top bragging rights in Canada

The Trudeau government has signalled it is open to changing the tax proposals, which it insists would end tax advantages unfairly exploited by some wealthy business owners.

READ MORE: Quebec’s $2 billion surplus in 2016-17 will go to Generations Fund

Several provinces have expressed concerns about the plan, which has also been met by vocal opposition from some small business owners, the tech sector and doctors.

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