Opposition finance critic says proposed tax changes by the feds are flawed in design and impact

    Friday, 6 December 2024 07:00

    By Tonya Organ

    Paddock is calling on government to take a more thoughtful and inclusive approach, saying “ “Small business owners are the backbone of our economy, and they deserve respect, consultation, and clear guidance—not last-minute policies that create chaos. Seniors need real support, not empty gestures. ” 

    The opposition’s finance critic, Lin Paddock, proposed temporary tax changes are only weeks away but he feels they are flawed in both design and impact. He says “Local entrepreneurs, already dealing with the busiest season of the year, are now faced with a mountain of extra work, confusion, and costs to adjust their point-of-sale systems.” As well, Paddock says “A temporary tax reprieve does absolutely nothing to help seniors who are splitting pills and having to choose between heating their home or nutritious food. The list of items which will receive a tax reprieve does not include items commonly used by seniors.” Paddock is calling on government to take a more thoughtful and inclusive approach, saying “ “Small business owners are the backbone of our economy, and they deserve respect, consultation, and clear guidance—not last-minute policies that create chaos. Seniors need real support, not empty gestures. ” 

     

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

    More from Local News

     

     

     

    BayFM recognizes support from the following agencies:

                        

    Today's Weather

    • Corner Brook

      Sunny intervals

      High: 16°C | Low: 6°C

    • Deer Lake

      Sunny intervals

      High: 17°C | Low: 5°C

    • Stephenville

      Sunny intervals

      High: 11°C | Low: 7°C

    Recently Played

    Podcasts

    • BayFM On-Demand

      Mi’kmaw singer songwriter Elizabeth Sheppard on Bay Fm

      Sheppard will be dropping a new single Sunday May 17

    • Trash Talk

      Trash Talk Thursday, May 14, 2026

      Where we answer your most asked questions from the new WRWM NL App! Got questions about recycling? Download the app!

    • NL Summer Games 2026

      NL Summer Games Update 2026

      Len Moores is Chair of the 2026 NL Summer Games committer