The Canadian Standing Senate Committee on Banking, Trade and Commerce has tabled its final report entitled: Canada: Still open for business? The report concerns new and emerging issues for Canadian importers and exporters in North American and global markets, including in terms of the competitivity of Canada’s tax system in light of the U.S. Tax Cuts and Jobs Act. In this regard, the committee recommends that:
- The federal government establish a Royal Commission on Taxation to examine Canada…