Tag: english

Why does this blow up now?

TORONTO – John Tory, now former mayor of Toronto, resigned his post Friday in what appeared to be a hastily put together announcement/press conference. For those with short memory-spans, Mr. Tory won the election held last October 24 (three months ago) by such a wide margin that he might as well have been acclaimed .

$15 billion given away to those not eligible, but CRA doesn’t care

TORONTO – Canada Revenue Agency calls you if $10 is “missing” (and if you don’t pay immediately, interest will kick in) but doesn’t think it’s worth recovering $15 billion. Incredible but true, so much so that even the “watchdog” of Canadian finances, Parliamentary Budget Officer Yves Giroux, said he was bewildered to hear the head of the CRA say that it was not “worth” recovering all that money, i.e. the $15.5 billion in potential Covid-19 wage subsidy overpayments. In other words, money ended up in the pockets of those who had no right to receive it.