VANCOUVER and OTTAWA, Sept. 10, 2012 /CNW/ - In a survey commissioned by
the Certified General Accountants Association of Canada (CGA-Canada), a
plurality of Canadians feel the tax system is moving in the wrong
direction. Canadians also believe the tax system is more complex than
it was 10 years ago and more than 62 per cent of those surveyed said
that having a simple tax system is important. The findings support
CGA-Canada's agenda to modernize Canada's tax system by making it
simpler, more transparent and more efficient.
There is a growing call for tax reform in Canada. In a recent report,
The Canadian Chamber of Commerce identifies Canada's complex tax system
as one of the top 10 barriers to competiveness and the House of Commons Standing Committee on Finance - in its 2011
report - called for the establishment of an expert panel to review,
modernize and simplify the tax system.
CGA-Canada believes there is an opportunity to advance that agenda and
is announcing that it will be holding a by-invitation only summit on
tax simplification in Ottawa on December 4. The summit will bring
together approximately 60 stakeholders, public officials and thought
leaders on tax policy to strategize on the issue of tax simplification,
inform the debate, establish priorities and identify next steps.
"It is clear from our survey that Canadians support simplifying our
country's tax system," says Anthony Ariganello, president & CEO of
CGA-Canada, "Done properly, tax simplification could yield substantial
benefits for the public and private sectors as well as individual
The survey also shows that more than half of Canadians feel that
tailored tax credits have no effect on people's behaviour and that the
credits essentially reward them for things they would do regardless.
Instead, 68 per cent of Canadians favour eliminating some tailored tax
credits in order to have their overall personal income tax lowered.
This shows that Canadians would support government actions on effective
tax reform rather than on targeted tax relief measures.
Click here for more information on CGA-Canada's agenda on tax simplification.
Founded in 1908, the Certified General Accountants Association of Canada
serves 75,000 Certified General Accountants and students in Canada and
more than 100 countries. Respected accounting and financial management
professionals, CGAs work in industry, finance, government and public
practice. CGA-Canada establishes the designation's certification
requirements and professional standards, offers professional
development, conducts research and advocacy, and represents CGAs
nationally and internationally.
For more information on CGA-Canada, visit:
Note: Based on the findings of a national random telephone survey
conducted by Nanos Research between May 26 and 31, 2012. A total of
1,201 Canadians aged 18 and older participated in the survey. The
survey is accurate to within +2.8 percentage points, 19 times out of
For further information:
Telephone: 604 605-5055
Cellular: 604 307-0212
Telephone: 604 694-6700
Cellular: 604 551-4487