O’Toole calls for 2021 CPP tax increase freeze

DM

Opposition Leader Erin O’Toole put forward a motion on Monday to halt a proposed Canada Pension Plan (CPP) premium tax hike that would impact the income of all Canadians at the beginning of the new year. On Twitter, O’Toole unveiled a statement calling on the government to release “concrete economic support” for businesses. “We are calling on the Liberal government to postpone the increase of CPP payroll taxes set for January 1, as well as the increase of the carbon tax and the alcohol escalator tax planned for next year,” wrote O’Toole. The Canadian Federation of Independent Businesses (CFIB) thanked O’Toole and Conservative MPs for opposing the proposed tax hike.

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