September 20, 2019
Business, immigration, guns: A running list of election promises announced by each party so far
This may shock you, but not all will be kept
OTTAWA — A running list of specific promises announced by the Liberals, Conservatives, NDP and Green party since the official start of the federal election campaign on Sept. 11.
Sept. 20: Ban all military-style assault rifles and work with provinces and territories to empower municipalities to further restrict or ban handguns. Create a buy-back program for all legally purchased assault rifles and have a two-year amnesty while the program is being set up. Not re-establish the controversial long-gun registry.
Sept. 18: Increase old age security by an extra 10 per cent once a senior turns 75 with change to take effect July 2020; increase the Canada Pension Plan survivor benefit by 25 per cent.
Sept. 17: Increase the Canada child benefit by 15 per cent for children under one, remove federal taxes from employment-insurance payments for maternity and parental leave, introduce an extra 15 weeks of leave for adoptive parents (EI currently covers 35 weeks for adoptive parents), and work to establish “guaranteed paid family leave” for those who don’t qualify for EI.
Sept. 16: Spend at least $535 million per year to help create up to 250,000 more spaces for children in before- and after-school child-care programs, reduce fees parents pay for elementary school programs by 10 per cent, and ensure 10 per cent of new spaces go to parents who work outside normal hours.
Sept. 13: Eliminate the “swipe fee” merchants pay to credit-card companies on every transaction, reduce the cost of federal incorporation, make federal business advisory services fee-free, create a voluntary payroll system to automate records for small businesses, launch a pilot project to give up to $50,000 to up to 2,000 entrepreneurs to help them start businesses, and give $250 for new businesses to develop a website or e-commerce platform.
Sept. 12: Impose a national one-per-cent tax on properties owned by non-Canadians and non-residents; raise the value of homes eligible for the first-time home-buyer incentive to $789,000 from $505,000.
Official Federal Government of Canada Party Acknowledges The Tax Consequences Of Cellphones
The New Democratic Party (NDP) through their campaign promise on September 13th have acknowledged that service providers do NOT offer basic plans!
As you can see in the article below “…require service providers to offer basic plans….”
The consequence of this policy statement is acknowledgement that by one of the 3 main Federal Governmental parties that it is impossible for any employer to meet all 3 required criteria to deem a cellphone a non-taxable benefit, very specifically criteria #1 that “the plan is a basic plan.”
We’ve met with firms that should know better who are being willfully blind around these 3 criteria, and given RSM’s recent tax advisory around a 300% to 400% increase in HST audits, we know that there is a department within the CRA that focusses on “Taxable Benefits”. We anticipate that this department will also significantly increase their audits around whether or not a company is appropriately taxing and deducting taxable benefits.
Don’t get caught on the wrong side of a tax audit. Do the prudent thing and use mobilityView to help you be tax compliant and to ensure that your employees are being treated fairly around the use of their cellphones.Back