Possible Tax Changes Anger The Business Community in Saint John

Posted on Tuesday, September 12, 2017 15:24 PM

There is anger in Saint John and across the country over proposed changes to federal tax laws.

A healthy crowd at a breakfast event where experts from Teed Saunders Doyle tried to explain the changes drew more than 160 members of the Regional chamber of commercce.

Andrew Logan of Teed Saunders Doyle says there is a lot of misinformation out there even from the Federal government adding some of it just wrong.

Rod Doyle says the public 75-day consultation period is very short and to compare he says in 1972 when the Feds put forward tax changes it came with a two year consultation period.

He says it means more tax for the same services and compliance costs at a level never seen before.

Doyle says considering the Feds want the change in place over the next year the timing is critical saying businesses will have to deal with these changes soon rather than later.

Elizabeth Rowe, co-owner of Urban Deli and Italian by Night, says she asked MP Wayne Long how he was doing and he said he feels as if he has some arrows in his back to which Rowe replied and so do we.

It was suggested to the business audience that if they don't like the suggested changes from the Feds, they should contact their MP, sign the Change.org petition and the House of Commons e-petition.

The proposed changes are "astronomical" #teedsaundersdoyle @TheChamberSJ #NoMoreTaxes pic.twitter.com/JJzTuNEHQS