Automatic tax filing: Welcome news for lower-income Canadians, but there’s more to do

Taxes shape more than government revenue. They shape trust. In this episode of “Canada’s Economy, Explained”, host Marwa Abdou sits down with the Canadian Tax Observatory’s Heather Scoffield to unpack the federal budget and explore how Canada’s tax and fiscal systems influence the country’s ability to build, grow and compete.

PM Mark Carney says he wants to issue pre-filled tax forms for those in “simple” tax situations. But “simple” is in the eye of the beholder. In financial terms, “simple” can mean you probably don’t have intricate investments. You likely don’t owe the government money. Nor do you draw your income from multiple sources.

In this episode of the “It’s Political” podcast, host Althia Raj talks to the Canadian Tax Observatory for an overview and analysis of the federal budget, before diving into the politics of it all.