Looks like feds won’t tax benefits: Chamber speaker

Concerns over the federal government introducing new taxes on benefit plans appear to be unfounded...

Dean Chapman make a few comments Feb. 9 about an issue many chambers of commerce were concerned about: the federal government seemed to be considering taxes on benefit plans.

Concerns over the federal government introducing new taxes on benefit plans appear to be unfounded according to a speaker at the Wetaskiwin Regional Chamber of Commerce luncheon Feb. 9.

Held at the Best Western dining room in Wetaskiwin, the regular luncheon meeting saw Dean Chapman make a few comments about an issue many chambers of commerce were concerned about: the federal government seemed to be considering taxes on benefit plans.

Obviously, this would affect the recipients of the plans, along with the businesses paying into them, raising costs for everyone.

Chapman noted that, the week prior, Prime Minister Justin Trudeau appeared to put the issue at rest by inferring he is no longer considering such a tax.

“This is going to be a huge win for chambers of commerce,” said Chapman.

The issue was even raised in the House of Commons by Conservative leader Rona Ambrose, who stated taxes on benefits plans could lead to Canadian workers losing such benefits.