Budget 2026 takes incremental steps toward tax simplification

Speaking with The Globe and Mail, partner John Tobin discussed the business tax simplification measures in the federal government’s 2026 budget. The measures aim to reduce the complexity businesses face under the tax system.

“It’s a slow process, and it’s difficult to do a lot all at once,” John said.

“There’s lots more they could do, but these are welcome changes. You don’t complain that you get only a half a loaf when you’re looking for a loaf, but there’s still a half a loaf to be had—maybe a lot more than a half a loaf.”

In a related Globe column, John also said that the government signaled that it’s moving toward simplification, but there is room for further progress.

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