News
Open letter to Prime Minister Justin Trudeau and Deputy Prime Minister Chrystia Freeland:
Each day, Canadians invest in the future of Canada, betting on our potential for growth and prosperity for all. We dedicate our time, our creativity, and our money, believing that the ultimate investment is in the growth of our country and the futures of our young people.
The proposed tax changes for investments in the 2024 federal budget threaten the very progress in our country that we are investing in. As leaders in the business community, we must emphasize the devastating effects of raising capital gains taxes, which discourages risk-taking and hinders economic progress, affecting all Canadians through lower incomes and living standards.
Our country is in an economically challenging time where accessing capital has become increasingly difficult, negatively impacting high-growth companies and skilled talent mobility. Higher interest rates and economic uncertainty mean that many high-growth companies with innovative products struggle to secure growth capital on favourable terms. An additional tax dis-incentive further hinders the progress that our country’s innovators and entrepreneurs will be able to achieve.
Furthermore, the recent Bank of Canada’s declaration of a “productivity emergency” underscores the urgent need for increased investment to stimulate growth, not taxation policies that limit growth. The proposed tax changes not only add burdens to businesses but also lack a clear plan for promoting and increasing our country’s productivity. They send the wrong signal to Canadians, and to the world, that Canada is not a place where risk-taking, innovation, and long-term wealth creation is celebrated. Wealth creation that will, ultimately, result in prosperity for all people in Canada.
It is imperative for the future of Canada that you reconsider these tax measures to maintain our country’s progress in fostering innovation, attracting investment, and nurturing growth.
Let’s keep Canada moving forward by prioritizing policies that encourage investment and economic resilience and that allow our young people the opportunity for a prosperous future.
Signatories
|
First Name |
Last Name |
Company Name |
|
Steve |
Paul |
909 |
|
Bill |
Redmond |
1029185 Alberta Ltd |
|
Teresa |
Rennick |
1757478 Alberta Ltd |
|
Roxanne |
Rizzuto |
2053323 Alberta Ltd. |
|
Ken |
Wilson |
6IX Passions |
|
Rima |
Bach |
AB |
|
Frederick |
Mannix |
Accelerate |
|
Garry |
Bobke |
Advent Development Corporation |
|
Chad |
Hason |
Agency Atlas Inc. |
|
Jay |
Barrett |
Alberta |
|
Jay |
Barrett |
Alberta Business sales |
|
Dana |
Severson |
Alberta Chambers of Commerce |
|
Jared |
Smith |
AMF Enterprises |
|
Cara |
Wolf |
Ammolite Analytx |
|
Mark |
Dickin |
ANC Transloading Inc. |
|
Efrelyn |
Soyangco |
Andersen LLP |
|
Krista |
Rabidoux |
Andersen LLP \/ American Chamber of Commerce |
|
Art |
Korpach |
ANK Partners Inc. |
|
Kris |
Liivam |
Arctic Fire Safety Services Limited |
|
Rikki |
McBride |
Association of Alberta Registry Agents |
|
Kim Noreen |
Davies |
Atoll Financial |
|
Jennifer |
Doucet |
ATS traffic |
|
Paul |
Crawford |
August Electronics |
|
Christy |
Turner |
Aurora Media Pros |
|
Maria |
Avila |
Avila Developments Inc. |
|
Adrian |
Avila |
Avila Developments Inc. |
|
Michelle |
Nedelec |
Awareness Strategies |
|
Tammie |
Olsen |
Banff Fire & Safety Ltd |
|
Barbara |
Rempel |
Barbara Rempel Enterprises Inc. |
|
Jeff |
Blair |
Barclay Sales Ltd |
|
Kirk |
Wilson |
Beacon Securities Limited |
|
Bruce |
Tattrie |
Beairsto & Associates Engineering Ltd. |
|
Robert |
Lehodey |
Beau |
|
Rene |
Bjornson |
Bjornson Designs Inc. |
|
Connie |
Mckenzie |
Blackberries Massage |
|
Kristen |
Ritson-Bennett |
Blue Rock Animal Nutrition |
|
Derrick |
Hunter |
Bluesky Equities Ltd. |
|
Peter |
Schenkelberg |
Bonanza Equities Ltd. |
|
Lisa |
Genovese |
BottomLine |
|
Gary |
Richardson |
Brittany Consulting Ltd. |
|
Jill |
Angevine |
Brownstone Asset Management |
|
Jeff |
Redmond |
Bucars RV |
|
Alex |
Burden |
Burtex Inc & Burtex Commercial Laundry |
|
Debra |
Komitsch |
C21 Bamber |
|
Les |
Gombik |
Caldwell |
|
Debbie |
Johnson |
Calgary Family Law Associates |
|
Christian |
Twomey |
Calgary Real Estate Board |
|
Denée |
Flodell |
Caliber Control Systems |
|
Kyle |
Flodell |
Caliber Control Systems |
|
Hudson |
Flodell |
caliber control systems |
|
Jeanine |
Perzan |
Caliber Control Systems |
|
Darin |
Barker |
Caliber Control Systems Ltd |
|
Jordon |
Flodell |
Caliber Control Systems Ltd |
|
Donna |
Schellenberg |
Caliber Control Systems Ltd. |
|
Derek |
Smillie |
Caliber Controls Systems |
|
Richard |
Jones |
Canadian BioPlatforms |
|
Don |
Wall |
Canadian Helicopters |
|
Elizabeth |
Hann |
Canadian Natural Resources Limited |
|
Chris |
Cooke |
Canmore Pro Shop |
|
Colleen |
Pushor |
Caprice commercial cleaning ltd. |
|
Charles |
Wong |
CarePros |
|
Carl |
Provencher |
Carl Provencher Consultant Ltd. |
|
Terry |
Evans |
Caron Transportation Systems |
|
Bruno |
Muller |
Caron Transportation Systems |
|
Catherine |
Brownlee |
CBI |
|
Dawn |
Lacharite |
CBI |
|
B |
Malc |
CC Inc |
|
Catherine |
Swift |
CCMBC |
|
Bruce |
Williams |
Centaur Subaru |
|
Paula |
Davies |
Century 21 Bamber |
|
Darren |
Stewart |
Chaospoint Advisory |
|
Kelley |
Charlebois |
Charlebois Consulting Ltd. |
|
Brian |
Halina |
Chemco |
|
Greg |
Christenson |
Christenson Developments |
|
Christie |
Libin |
Christie Libin Consulting Inc |
|
Elaine |
Williams |
Circle anchor holdings |
|
Barb |
Baker |
Citrine Management & Consulting Corp. |
|
Lisa |
Shelley |
Citrus Capital Partners |
|
Christopher |
Jette |
Claystone Waste Ltd |
|
Robert |
Keltie |
Clover Bar Sand & Gravel Ltd |
|
Cindy |
Saunders |
CMS Management Consulting |
|
Colleen |
Griffin |
Collectors Carousel |
|
Nadine |
Benoit |
Contract |
|
Brian |
Guilfoyle |
Contract H&S Advisor |
|
Shaun |
Syvertsen |
Convergent IS |
|
Tom |
Simons |
Convrg Innovations |
|
Mary |
Rozsa De Coquet |
Cornerstone Financial Ltd. |
|
Sharyl |
Madigan |
Corporate Designed Solutions,Inc. |
|
Cheryl |
Macdonald |
Corporate Promotional Products |
|
Armaan |
Singh |
CosMedics |
|
Ashwani |
Singh |
CosMedics |
|
Jess |
Sinclair |
Council of Canadian Innovators |
|
Blaine |
MacMillan |
Cowan Graphics Inc. |
|
Alan |
Moon |
Crescent Enterprises Inc. |
|
Stephen |
Gallivan |
CSC Valves Canada Inc. |
|
Shawna |
Perron |
Cumberland Perron & Partners |
|
Joan |
Currie |
Currie Communications Ltd |
|
Christopher |
Kayser |
Cybercrime Analytics Inc. |
|
Aaron |
Jones |
Cybertech Automation Inc |
|
Don |
Bell |
Dawnrocks ventures inc |
|
Sandi |
Gilbert |
DealPoint |
|
Dustin |
Daniel |
DEBOSKI & CO. LIMITED |
|
Karyn |
Decore |
Decore Holdings |
|
Nicole |
Arquero |
Decore Hotels |
|
Ken |
Holmes |
Deep Valley Aggregates |
|
Debbir |
Degenstein |
Denali Circle Limited |
|
Garry |
Wetsch |
Deriter Investments Inc |
|
Suzanne |
Devonshire Baker |
DevonshireBaker architecture |
|
Wael |
Azar |
Diligence Home Inspection |
|
Don |
Sutcliffe |
DJS Designs |
|
Diane |
Holmes |
Dons Tire and Auto |
|
Teresa |
Robson |
Dotted I Strategies |
|
Bradley |
Robson |
Dotted i Strategies |
|
Len |
Kushner |
Drive Sportswear |
|
Glen |
Dundas |
Dundas Oilfield Serv. Ltd. |
|
Gord |
Stabb |
Durando Resources Corporation |
|
Laird |
Dyck |
Dyck Enterprises |
|
Tom |
Fredericks |
ECLGroup |
|
Bruce |
Edgelow |
EdgeMark Capital & Advisory Services Inc. |
|
Drew |
Schamehorn |
Elite Promotional Marketing |
|
don |
lucas |
Encore Trucking |
|
Jan |
Fichtner |
Entrada Resources |
|
Alastair |
Handley |
EQC |
|
Susan |
Kandalaft |
Executive Solutions |
|
P. Dean |
Burns |
Exploron |
|
Josh |
Bucholtz |
EZ Plumbing and Heating |
|
Barbara |
Beler |
FAF |
|
Barbara |
Beler |
First Avenue Financial |
|
Hermann Fils |
Logsend Bayiha |
Foresight Advantage Capital (Canada) Corp. |
|
Colette |
Prefontaine |
FP Genetics |
|
Stan |
Peake |
FSQ Consulting Inc |
|
G. Lyle |
Ford |
G. Lyle Ford P.C. |
|
Brian |
Donaldson |
Galmed |
|
Cal |
Nichols |
Gasland Properties Ltd. |
|
Brent |
Quinton |
Gateway Tubulars Ltd |
|
Patrick |
Ryan |
GBS |
|
Colleen |
Foley |
Genics |
|
Wesley |
Wall |
genics |
|
Jeff |
Wilkie |
GIC Capital Corp. |
|
Catherine |
Connolly |
Gist Capital Solutions Inc. |
|
Ryan |
Munro |
Glenbow Capital |
|
Cory |
Pichota |
GMS Aggregates Inc |
|
Dean |
Beaudry |
Good,True, & Right |
|
Gord |
Armstrong |
Gord’s Contract Operating |
|
Deric |
Orton |
Grizzly Resources Ltd. |
|
Don |
Matthews |
Hawkeye Oilfield Services Ltd. |
|
Rob |
Brookwell |
Hawthorne Ventures |
|
Michael |
Kelly |
Hogarth Ventures Ltd |
|
Jennifer |
Rallison |
Home maker |
|
Patrick |
Hardie |
ICBA Alberta |
|
Mike |
Martens |
ICBA Alberta |
|
scott |
cook |
ICMS Industrial Services Ltd |
|
Ted |
Sims |
Imark Inc |
|
Hugh |
Adamson |
Incorporations Inc |
|
Nat |
Fosty |
Individual |
|
Brian |
Felesky |
InterGen |
|
Bettina |
Achmus |
ISH Energy |
|
Mary |
Zbrodoff |
Jaguar Land Group Ltd. |
|
Jan |
Eden |
Jan Eden & Associates |
|
Sam |
Pillar |
Jobber |
|
Dale |
Hodgson |
Journey Investments |
|
Judy |
Perdomo |
Judy Perdomo |
|
Adrian |
Dodds |
Kaizen Energy |
|
Larry |
Konopski |
Kcorp Developments |
|
Kevin |
Angus |
KDAngus Corp |
|
Darryl |
Wiebe |
KERR Interior Systems Ltd |
|
Kim |
Brauer |
Kim Brauer |
|
Suzanne |
Spanier |
Klopp Richards & Associates |
|
Kevin |
Gjertsen |
Kristian Electric |
|
Jake |
Kubiski |
Kuby Renewable Energy Ltd. |
|
Tyler |
Kueber |
Kueber Farms |
|
Liane |
Angerman |
LACreations |
|
Patrick |
LaForge |
LaForge Management Corp. |
|
Lance |
Jacobi |
Lance’s Trucking Ltd |
|
Erkin |
Ata |
Latigo Trucking |
|
Layna |
Segall |
Layna Segall consulting |
|
Catherine |
LeBlanc |
LeBlanc and Associates |
|
Karen |
Cunliffe |
Lochend Energy, Group of Companies |
|
Dana |
Longeway |
longtime farming family |
|
Diane |
Blair |
Lookbath |
|
Troy |
Basarab |
LPA |
|
David |
Tian |
MAGA Energy Ltd. |
|
Kristal |
Heise |
Mahalo Properties |
|
Bernie |
Slogotski |
Majan Management Limited |
|
Ronald |
Hynes |
Mammoet Canada Western Ltd |
|
Mariangela |
Avila |
Mariangela Real Estate Inc. |
|
Jeff |
House |
Mawer Investment Management |
|
Dan |
Suteu |
McLeay Geological Consultants |
|
Steven |
Dollansky |
McLennan Ross LLP |
|
Eugene |
Chen |
McLeod Law LLP |
|
Michel |
Kelly-Gagnon |
MEI |
|
Ken |
Mullen |
Melamaken Adventures Inc. |
|
Sarah |
Miller |
Miller Pine Meadows |
|
Wayne |
Logan |
Miller Thomson LLP |
|
Peter |
Kiss |
Morgan Construction |
|
Kelsea |
Forzani-Mannix |
Mrs. |
|
Frank |
Antolovich |
N/A |
|
Isabella |
Avila |
N/A |
|
Ian |
Brown |
N/A |
|
David |
Franko |
N/A |
|
Lindsay |
Kelcher |
N/A |
|
Susan |
Steele |
N/A |
|
Diane |
Yuill |
N/A |
|
Antoinette |
Godbout |
N/A |
|
Wendy |
Longeway |
N/A |
|
Sunil |
Vedula |
Nanoprecise Sci Corp |
|
Kevin |
Neish |
Neish Enterprises Inc |
|
Elizabeth |
Johnson |
Neurvana Health |
|
Dave |
Horner |
New Farm Consulting |
|
Vic |
Noble |
Noble Co. |
|
Robert |
Lehodey |
None |
|
Thomas |
Loucks |
None |
|
Melissa |
Mendelman |
None |
|
Timothy |
Ebbels |
North Country Energy |
|
Tim |
Ebbels |
North Country Energy |
|
Arnie |
Hansen |
NPS Industrial Power Corp. |
|
Jill |
Hartzell |
Numbered Company |
|
Harish |
Consul |
Ocgrow Group |
|
John |
Disturnal |
Oilco |
|
Peter |
Stojanov |
Onward Sales and Marketing Limited |
|
Susan |
Nelson |
OpenGate |
|
Todd |
Young |
Operating Engineers Local 955 |
|
Earl |
Shindruk |
Optimax |
|
Tony |
D’Andrea |
Optimum Capital Inc. |
|
Stephen |
Moore |
Orion Plastics Inc. |
|
Sean |
Languedoc |
OUtforce.ai |
|
Eric |
Evans |
Oxygen Properties Inc. |
|
Blair |
Pennock |
PAND |
|
Chris |
Schellenberg |
Peak Improvements |
|
Terris |
Chorney |
PIC Investment Group Inc. |
|
Michael |
Pierson |
Pierson’s Funeral Service Ltd. |
|
Russ |
Blanco |
Pointblanc Agency Ltd |
|
Michael |
Powell |
Powell Business Solutions Ltd |
|
Shondell |
Sabad |
Prairie Vertical Farms |
|
Drew |
Galbraith |
Professional Corporation |
|
Paul |
De Jong |
Progressive Contractors Association of Canada (PCA) |
|
Christopher |
Day |
Purpose Benefits |
|
Julia |
Dermanovic |
Questerre Energy |
|
Melissa |
Best |
QuickEstate |
|
Peter |
Lafontaine |
Rainforest Energy Corp |
|
Ruth |
Alexander |
RARE Group |
|
Kimberly |
Courchesne |
Real estate with Kim Inc. |
|
Kim |
Davies |
Reshone Resources |
|
Wayne |
Beatty |
Retired |
|
Douglas |
Boraas |
Retired |
|
Greg |
Brown |
Retired |
|
Ioan |
Dobre |
Retired |
|
Margy |
Heinkel Wylie |
Retired |
|
Terry |
Kilburn |
Retired |
|
Angela |
Lekatsas |
Retired |
|
Kerry |
Pace |
Retired |
|
Vince |
Walker |
Retired |
|
Donald |
MacKImmie |
Retired |
|
Kelly |
Whelan |
Retiree |
|
Richard |
Lyle |
Richard Lyle Investment Ltd. |
|
Matthew |
Andrade |
Richmond Equity Management Ltd. |
|
John |
Robson |
Robson-Pellerin Communications |
|
Michael |
Longeway |
Rocky Spruce Farm |
|
John |
Robson |
RPC Inc. |
|
Mickey |
Pendergast |
Schooley Mitchell Cost Reduction Consulting |
|
sarbjeet |
sahota |
Seamax Development Group Inc. |
|
Mark |
Dickey |
Self Employed |
|
Jeannette |
Aldea |
Self Employed |
|
Cal |
Wenzel |
Shane Homes |
|
Shane |
Sutherland |
Shane Sutherland |
|
Carolyn |
McDoald |
Sheraton Cavalier |
|
Nikolas |
Morianos |
Silver Gold Bull Inc. |
|
Luise |
Kinsman |
Simplified Matters Inc. |
|
vivienne |
huisman |
Sotheby’s International Realty Canada |
|
Luke |
Nichols |
Sotheby’s |
|
Grant |
Wilde |
Spartan Controls |
|
Branko |
Culo |
Specialized Recruiting Group |
|
Neil |
Vande Bunte |
Startup TNT |
|
Cate |
Graham |
Studio 222 Calgary Ltd. |
|
Marc |
Staniloff |
Superior Lodging Corp |
|
Dave |
Wandzura |
SVI |
|
Kim |
Adolphe |
SWIFT Learning |
|
Dean |
Beaudry |
Syncrude Canada |
|
Chase |
Andrade |
Talking Business With a Teenager |
|
Jon |
Johnston |
TankSafe Inc. |
|
Thomas |
Price |
TD Bank |
|
Brad |
Annett |
Tennacor |
|
Patrick |
Toth |
TGS Capital Corporation |
|
Joan D. |
Longeway |
The Collectors Carousel Incorporated |
|
Clarence |
Longeway |
The Collectors Carousel Incorporated |
|
Andrew |
Cicoria |
The Lorrnel Group |
|
Phil |
Levson |
The Non Profit Management Group |
|
Shane |
Wenzel |
the Shane Homes Group of Companies |
|
Crystal |
Phillips |
Thin Air Labs |
|
Tom |
Mitchell |
TLC Marketing Inc. |
|
Brad |
Turner |
TMI Consulting Corporation |
|
Catherine |
Saroka |
TMWRK Consulting Ltd. |
|
Kelly |
Smith |
Top Hat Advisory |
|
Lee |
Funke |
Torque Communications |
|
Yvanna |
Ireland |
Trans Mountain |
|
Steve |
Nikiforuk |
Two River Resources |
|
Peter |
Myers |
UFA |
|
Tim |
Johnson |
UniversalPegasus |
|
Kurt |
Feigel |
Universe Machine Corporation |
|
Ron |
Feigel |
Universe Machine Corporation |
|
Tim |
Johnson |
UPI Projects Canada Ltd. |
|
Paul |
Valentine |
Valentine Group |
|
Ryan |
Vestby |
VC3 |
|
Andrea |
Shandro |
Vital Partners Inc. |
|
Jeff |
LaFrenz |
VizworX Inc. |
|
Rich |
Yurko |
Voltage Wireline Inc |
|
Bryce |
Medd |
Wealthy Tortoise Financial Group Inc |
|
Phil |
Milroy |
Westcorp Inc. |
|
Carrie |
Gour |
Write On Girl |
|
Linda |
Samletzki |
WTR Media Sales Inc. |
|
Brian |
Kay |
Y2Kay Consulting Ltd. |
|
Shelly |
Younker |
Ywl |