Vote Yes
An Act to amend the Canada Revenue Agency Act (reporting on unpaid income tax)
Overall, the bill advances transparency and accountability in tax administration, which can improve efficiency and fairness without adding new taxes or regulations. While growth effects are indirect, the mandated data can support evidence-based reforms that align with pro-growth, pro-efficiency objectives.
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Improved transparency may modestly enhance fiscal fairness and revenues, but the direct impact on national wealth is indirect and limited.
By compelling CRA transparency and sharing with the PBO, it counters bureaucratic opacity and enables informed, accountable policymaking.
No direct productivity measures; any gains would come indirectly from better-targeted, higher-ROI compliance activities.
The bill does not address trade or export capacity; effects on exports are, at best, indirect via a fairer business environment.
It neither changes incentives nor reduces regulatory burden; it may support investor confidence through rule-of-law and fairness, but impacts are indirect.
Data-driven oversight can improve CRA efficiency and target enforcement where it yields the highest return, potentially reducing waste.
No changes to rates or bases; however, tax gap data could underpin future pro-growth, base-broadening and rate-lowering reforms.
This is a modest transparency measure; it is a useful foundation but not a transformative economic policy on its own.
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