By Sheila Dabu Nonato
OTTAWA — The two-decade old GST should be “overhauled” because governments are losing out on billions of dollars in potential revenue, says Jack Mintz, one of Canada’s leading economists.
“The GST is now one of the most inefficient value-added taxes in the developed world. It needs to be fixed,”said Mintz, former CEO of the C.D. Howe Institute.