Finance committee  We just said it would be appropriate to fund incremental improvements to health care through increases in taxes. As for the impact on other ways, I'm sure the government has ways to police those appropriately.

Finance committee  FEI Canada didn't say that we wanted to promote raising any taxes.

Finance committee  We said the government needs to balance the budget because Canadians need to be able to afford to maintain Canada's social programs at their current level. There are what I would call demographically driven increases inherent in the current expenditures. As our society ages, the

Finance committee  If at the end of the day there needs to be a revenue increase, we have said that economists agree that commodity tax increases are the best form of taxation.

Finance committee  It's been a very long time since the tax act has been reviewed. It comes down to the need to eliminate, consolidate, and streamline.

Finance committee  I'm going to ask my colleague to provide you the details of the metric that is used.

Finance committee  There's a metric based on—

Finance committee  Just to explain the point, currently the metric is pointed at how many items they bring forward. The problem behind that metric is that if, let's say, they bring forward 100 issues and only 40 get actually assessed, and the government and the taxpayers spend a lot of time discuss

Finance committee  Thank you, Mr. Chair, and good afternoon, committee members. We are honoured to be here today. FEI Canada is a voluntary membership association comprised of 1,800 of Canada's chief financial officers and senior financial executives across the country. The recommendations we pre

Finance committee  The big advantage of the PRPP is you get economy of scale. It gives individuals with really small pension plans the opportunity to group lots of pension plans together, and they get the scale advantages that very broad pension plans have. So we're in favour of that.

Finance committee  The difficulty is that there is always a trade-off in things, and one of the trade-offs on the CPP side is that the employer portion is effectively a tax, and corporations have only so many dollars to put around. If they put millions on this side, they won't have millions to inve

Finance committee  Thank you, Mr. Julian. There are lots of ways the spend can go better, and can go smarter. The Jenkins report did mention--and it dovetails with our other recommendation about simplification--that it's a whole lot simpler for small businesses to base the SR and ED credit on lab

Finance committee  Thank you, Mr. Giguère. It's certain that it's been a long time since our tax act has undertaken a comprehensive review. It's been decades. Subsequent governments have put in various incentives for a particular point in time, but there hasn't been a comprehensive review of whe

Finance committee  Thank you, Mr. Marston. Pensions are a complicated topic. There needs to be review of many of the elements of pensions to make them equitable on both sides, from the point of view of who pays for the deficit in the plan, if there is one, and who gets to keep the surplus, if ther

Finance committee  I agree. It is a shared responsibility. It shouldn't be a one-way plan. Anything that incents Canadians to make their appropriate savings, so that we won't have a problem as that demographic curve extends, is helpful.