Half a year after the Liberal-NDP agreement included plans to develop a fairer tax system and seven years after the Liberals came to power, most of the government’s promises on fair taxation remain unfulfilled. Meanwhile, other countries are leaving Canada behind, and implementing fair tax policies that will help them address key issues like inflation and the climate crisis.

A tax loophole so bad that President Trump had it partly closed in the United States is still wide open in Canada. The business meals and entertainment expense deduction allows businesses to deduct half the cost of restaurant meals and drinks, private boxes and tickets to sporting events and concerts, and much more. Some forms of meal and entertainment expenses such as office parties can even be fully deductible.