One of the biggest challenges I've heard since July 18 was around the tax planning for the private corporations' document. Beyond the rhetoric, many people didn't like being described as utilizing loopholes. One of the things we heard was that there are challenges around family ownership and owners wanting to have intergenerational transfer of their farms or businesses. Why is the government so concerned about businesses doing business with each another? They're going to get their share of tax regardless. To me, with this indirect method, it sounds as though they are basically creating a situation in which they want to charge almost by the shareholder and not by company. Is that correct?
On November 9th, 2017. See this statement in context.