The Finance Committee is scheduled to consider a proposed 2027 budget that includes a tentative levy of $30,067,000, a proposed tax-levy override (Local Law F), and a 5.25% recycling fee increase; a public hearing on the budget is set for Nov. 24, 2026.

Canadian businesses are calling for significant tax reform and reduced bureaucratic red tape in the upcoming federal budget. According to a report by The Canadian Press published on November 2, 2026, business leaders across the country are advocating for changes that would simplify tax structures and reduce administrative burdens. The federal budget, which is expected to be presented in the coming months, has become a focal point for business concerns as companies seek to improve their operational efficiency and competitiveness. The call for reform comes amid growing economic pressures, with businesses facing challenges related to compliance costs and complex regulatory frameworks. Business leaders argue that simplifying the tax system would not only reduce costs for companies but also encourage investment and growth. The Canadian Chamber of Commerce and other business associations have been vocal about these issues, emphasizing that excessive red tape hinders small and medium-sized enterprises from expanding and competing effectively in both domestic and international markets. The government has acknowledged the concerns raised by businesses, with the Finance Minister stating that the upcoming budget will consider input from the business community. However, specific details on how these reforms will be implemented remain unclear. The business community is urging the government to take concrete steps to address these issues, particularly as the economy faces challenges from global trade tensions and domestic economic uncertainties. The federal budget is seen as a critical opportunity to align fiscal policies with the needs of the business sector, ensuring that Canada remains competitive in the global marketplace. Business leaders are hopeful that the budget will include measures to streamline tax filing processes, reduce compliance costs, and create a more predictable regulatory environment. These changes are expected to have a positive impact on business operations, potentially leading to increased productivity and job creation. The government's response to these calls will be closely watched by business leaders and economists alike, as it could shape the economic landscape for years to come.

The bill would lift some liquor taxes to 19%, add levies on sweetened drinks from 2028, with revenue earmarked for health coverage

Agriculture Commissioner Wilton Simpson urged support for Amendment 2 to remove the tangible tax on farm equipment and protect small and medium farmers, and speakers discussed federal hemp changes and protections for medical-marijuana patients.

After staff described a new $21 million state match and options to roll back a safety levy, trustees voted unanimously to place a $94,072,883 general-obligation bond proposition on the Feb. 9, 2027 ballot.

CYBERJAYA, Nov 3, 2026 – Prime Minister Datuk Seri Anwar Ibrahim has urged the Inland Revenue Board of Malaysia (LHDN) to strengthen tax enforcement through digital innovation while ensuring that fairness, compassion and human judgement remain central to its operations. Anwar, who also serves as Finance Minister, said Malaysia’s electronic invoicing system had recorded 2.14 …

The Community Reinvestment Agency approved minutes and adopted a tentative 2027 budget after staff reported a significant increase in revenue tied to projects coming online; staff said much of the increase will flow to other taxing entities and the CRA will retain a small administrative fee.

The packet included County Resolution No. 2026‑27, a tax‑levy measure related to Series 2026 General Obligation Bonds authorized by the Board of Education in a maximum amount of $32,000,000; final resolution language was not available when materials were printed.

Presenters said Washington currently caps incentives at $599 per calendar year pending federal clarification about tax reporting rules; they noted a possible increase to $1,200 contingent on IRS/federal guidance and federal conversations about treating incentives as taxable income.