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 |
|
Roxanne |
Rizzuto |
2053323 Alberta Ltd. |
|
Frederick |
Mannix |
Accelerate |
|
Chad |
Hason |
Agency Atlas Inc. |
|
Jay |
Barrett |
Alberta Business sales |
|
Mark |
Dickin |
ANC Transloading Inc. |
|
Kris |
Liivam |
Arctic Fire Safety Services Limited |
|
Rikki |
McBride |
Association of Alberta Registry Agents |
|
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 |
|
Jeff |
Blair |
Barclay Sales Ltd |
|
Kirk |
Wilson |
Beacon Securities Limited |
|
Robert |
Lehodey |
Beau |
|
Rene |
Bjornson |
Bjornson Designs Inc. |
|
Kristen |
Ritson-Bennett |
Blue Rock Animal Nutrition |
|
Derrick |
Hunter |
Bluesky Equities Ltd. |
|
Lisa |
Genovese |
BottomLine |
|
Gary |
Richardson |
Brittany Consulting Ltd. |
|
Jeff |
Redmond |
Bucars RV |
|
Alex |
Burden |
Burtex Inc & Burtex Commercial Laundry |
|
Debra |
Komitsch |
C21 Bamber |
|
Debbie |
Johnson |
Calgary Family Law Associates |
|
Christian |
Twomey |
Calgary Real Estate Board |
|
Jeanine |
Perzan |
Caliber Control Systems |
|
Denée |
Flodell |
Caliber Control Systems |
|
Hudson |
Flodell |
Caliber Control Systems |
|
Kyle |
Flodell |
Caliber Control Systems |
|
Jordon |
Flodell |
Caliber Control Systems Ltd |
|
Darin |
Barker |
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 |
|
Charles |
Wong |
CarePros |
|
Carl |
Provencher |
Carl Provencher Consultant Ltd. |
|
Terry |
Evans |
Caron Transportation Systems |
|
Catherine |
Brownlee |
CBI |
|
Dawn |
Lacharite |
CBI |
|
B |
Malc |
CC Inc |
|
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 |
|
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 |
|
Cheryl |
Macdonald |
Corporate Promotional Products |
|
Alan |
Moon |
Crescent Enterprises Inc. |
|
Joan |
Currie |
Currie Communications Ltd |
|
Christopher |
Kayser |
Cybercrime Analytics Inc. |
|
Aaron |
Jones |
Cybertech Automation Inc |
|
Dustin |
Daniel |
DEBOSKI & CO. LIMITED |
|
Karyn |
Decore |
Decore Holdings |
|
Garry |
Wetsch |
Deriter Investments Inc |
|
Suzanne |
Devonshire Baker |
DevonshireBaker architecture |
|
Don |
Sutcliffe |
DJS Designs |
|
Diane |
Holmes |
Dons Tire and Auto |
|
Bradley |
Robson |
Dotted i Strategies |
|
Teresa |
Robson |
Dotted I Strategies |
|
Glen |
Dundas |
Dundas Oilfield Serv. Ltd. |
|
Laird |
Dyck |
Dyck Enterprises |
|
Tom |
Fredericks |
ECLGroup |
|
Bruce |
Edgelow |
EdgeMark Capital & Advisory Services Inc. |
|
Drew |
Schamehorn |
Elite Promotional Marketing |
|
Don |
Lucas |
Encore Trucking |
|
Alastair |
Handley |
EQC |
|
Susan |
Kandalaft |
Executive Solutions |
|
Josh |
Bucholtz |
EZ Plumbing and Heating |
|
Barbara |
Beler |
FAF |
|
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 |
|
Ryan |
Munro |
Glenbow Capital |
|
Cory |
Pichota |
GMS Aggregates Inc |
|
Don |
Matthews |
Hawkeye Oilfield Services Ltd. |
|
Jennifer |
Rallison |
Home maker |
|
scott |
cook |
ICMS Industrial Services Ltd |
|
Ted |
Sims |
Imark Inc |
|
Bettina |
Achmus |
ISH Energy |
|
Mary |
Zbrodoff |
Jaguar Land Group Ltd. |
|
Sam |
Pillar |
Jobber |
|
Dale |
Hodgson |
Journey Investments |
|
Adrian |
Dodds |
Kaizen Energy |
|
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 |
|
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 |
|
Kristal |
Heise |
Mahalo Properties |
|
Bernie |
Slogotski |
Majan Management Limited |
|
Mariangela |
Avila |
Mariangela Real Estate Inc. |
|
Jeff |
House |
Mawer Investment Management |
|
Dan |
Suteu |
McLeay Geological Consultants |
|
Steven |
Dollansky |
McLennan Ross LLP |
|
Michel |
Kelly-Gagnon |
MEI |
|
Sarah |
Miller |
Miller Pine Meadows |
|
Wayne |
Logan |
Miller Thomson LLP |
|
Peter |
Kiss |
Morgan Construction |
|
Thomas |
Loucks |
N/A |
|
Diane |
Yuill |
N/A |
|
Robert |
Lehodey |
N/A |
|
Kelsea |
Forzani-Mannix |
N/A |
|
Isabella |
Avila |
N/A |
|
Lindsay |
Kelcher |
N/A |
|
David |
Franko |
N\/A |
|
Ian |
Brown |
N\/A |
|
Wendy |
Longeway |
NA |
|
Dave |
Horner |
New Farm Consulting |
|
Melissa |
Mendelman |
None |
|
Tim |
Ebbels |
North Country Energy |
|
Arnie |
Hansen |
NPS Industrial Power Corp. |
|
Harish |
Consul |
Ocgrow Group |
|
Susan |
Nelson |
OpenGate |
|
Todd |
Young |
Operating Engineers Local 955 |
|
Earl |
Shindruk |
Optimax |
|
Tony |
D’Andrea |
Optimum Capital Inc. |
|
Stephen |
Moore |
Orion Plastics Inc. |
|
Eric |
Evans |
Oxygen Properties Inc. |
|
Blair |
Pennock |
PAND |
|
Chris |
Schellenberg |
Peak Improvements |
|
Russ |
Blanco |
Pointblanc Agency Ltd |
|
Michael |
Powell |
Powell Business Solutions Ltd |
|
Shondell |
Sabad |
Prairie Vertical Farms |
|
Paul |
De Jong |
Progressive Contractors Association of Canada (PCA) |
|
Christopher |
Day |
Purpose Benefits |
|
Melissa |
Best |
QuickEstate |
|
Peter |
Lafontaine |
Rainforest Energy Corp |
|
Kimberly |
Courchesne |
Real estate with Kim Inc. |
|
Kim |
Davies |
Reshone Resources |
|
Margy |
Heinkel Wylie |
Retired |
|
Terry |
Kilburn |
Retired |
|
Greg |
Brown |
Retired |
|
Angela |
Lekatsas |
Retired |
|
Ioan |
Dobre |
Retired |
|
Douglas |
Boraas |
Retired |
|
Kelly |
Whelan |
Retiree |
|
Matthew |
Andrade |
Richmond Equity Management Ltd. |
|
John |
Robson |
Robson-Pellerin Communications |
|
Michael |
Longeway |
Rocky Spruce Farm |
|
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 |
|
Carolyn |
McDoald |
Sheraton Cavalier |
|
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. |
|
Patrick |
Toth |
TGS Capital Corporation |
|
Clarence |
Longeway |
The Collectors Carousel Incorporated |
|
Joan D. |
Longeway |
The Collectors Carousel Incorporated |
|
Andrew |
Cicoria |
The Lorrnel 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 |
|
Tim |
Johnson |
UniversalPegasus |
|
Ron |
Feigel |
Universe Machine Corporation |
|
Paul |
Valentine |
Valentine Group |
|
Ryan |
Vestby |
VC3 |
|
Andrea |
Shandro |
Vital Partners Inc. |
|
Rich |
Yurko |
Voltage Wireline Inc |
|
Bryce |
Medd |
Wealthy Tortoise Financial Group Inc |
|
Phil |
Milroy |
Westcorp Inc. |
|
Carrie |
Gour |
Write On Girl |