TIME FOR A CANADIAN TAX OVERHAUL

A contentious, but mostly growth-boosting tax system overhaul finally passed through the United States Congress shortly before Christmas, and was signed into law by President Donald Trump. While it did not simplify and clean up the Byzantine and incomprehensible US tax code, it did do several things that make the US economy more competitive versus its allies and rivals. This means that Canada and other nations around the world cannot stand still any longer.