OTTAWA: The new national budget unveiled by Canadian Prime Minister Justin Trudeau's Liberal government took aim at ride-sharing providers such as Uber Technologies Inc, looking to end a tax advantage they have over traditional taxi companies.
The budget statement said Trudeau's government plans to amend Canada's Excise Tax Act to redefine ride-sharing firms as taxi companies. That would force them to collect the goods and services tax (GST) on every ride provided, just as taxi operators are required to do.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!