Mr. Speaker, now that the finance minister has announced some teeny tiny tax cuts, the Canada Customs and Revenue Agency is trying to fill those little holes. It has harassed employers who are now ferreting out taxable benefits.
B.C. Ferries has implemented new parking rules as a result. I will quote from a bulletin to its employees:
The terminal managers will record the period of time you parked...You will accumulate a taxable benefit for each day worked based on the daily parking rate of ten cents...based on a personal tax rate of 40%, the cost to you is eighty cents per month...Please note: Employee parking lots will be monitored by the Canada Customs and Revenue Agency.
This reads like a Monty Python skit. Total revenue will be exceeded by new administration costs. Is it any wonder people think the bureaucracy has gone mad?