Signatures 464 total
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1
Name: Ronald Vader on Mar 25, 2008Comments:Flag
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2
Name: Gary L Hawe on Mar 25, 2008Comments:Flag
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3
Name: Lorraine M. Hawe on Mar 26, 2008Comments:Flag
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4
Name: Jay Bhatt on Mar 26, 2008Comments: I lost about $60,000, in stock options.Flag
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5
Name: Sheryl Ferguson on Mar 26, 2008Comments:Flag
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6
Name: Anonymous on Mar 26, 2008Comments: The Department of Finance has been aware of the unfairness in the income tax legislation as it relates to stock options for a number of years and has not considered the negative personal financial consequences significant enough to change the legislation. Finance has allowed remission orders for several people with almost identical fact patterns to some of the individuals involved in this petition and have made little or no attempt to correct the legislative problem.Flag
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7
Name: Ken Thompson on Mar 26, 2008Comments: This unjust and punitive legislation should never have been allowed to exist in Canada in the first place.Flag
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8
Name: Tony Bloxham on Mar 26, 2008Comments: The law must be changed! I am not involved, but I understand the unfairness and stupidity of the present law. I will be taking up the matter with my Conservative MP James Lunney to request his support for a change. Tony BloxhamFlag
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9
Name: Patricia McCauley on Mar 27, 2008Comments:Flag
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10
Name: Karl Ablack on Mar 27, 2008Comments:Flag
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11
Name: Ragui Kamel on Mar 27, 2008Comments:Flag
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12
Name: Bill Boothman on Mar 27, 2008Comments:Flag
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13
Name: James Thompson on Mar 27, 2008Comments:Flag
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14
Name: Farid Kamel on Mar 27, 2008Comments:Flag
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15
Name: Richard De Zoete on Mar 27, 2008Comments: The 'employment benefit' should only be calculated on income received, when shares are sold, not when options are exercised and no income has been realized.Flag
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16
Name: Greg Chwelos on Mar 28, 2008Comments: The tax law vis-a-vis ESOs is clearly unreasonable. It is as ridiculous as saying the capital gain on a stock investment should be based not on the actual buy & sell prices, but on the lowest and highest market prices of the stock during the time it was held--since that was the potential capital gain on the transaction. Stupid and punitive.Flag
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17
Name: Kevin Hawe on Mar 28, 2008Comments:Flag
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18
Name: Tom Benson on Mar 28, 2008Comments:Flag
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19
Name: Len Rawluk CGA on Mar 28, 2008Comments:Flag
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20
Name: Anonymous on Mar 28, 2008Comments: The ESOB/ESPP legislation is flawed. The Conservative govt recognizes this fact by its action to extend relief to a select group of Canadians. I congratulate the Conservative govt for this relief. However, the govt must now extend the same relief to all canadians impacted by the flawed legislation. The govt must act immediately to prevent any further suffering and potentially serious consequences. Taxing people on unrealized income is simply forcing canadians to make loan to the government at 0% interest rate. This is clearly unacceptable in any civilized nations, especially canada which prides itself as a just and fair society.Flag
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21
Name: Douglas R. Price on Mar 28, 2008Comments: The current tax legislation on ESO's is very unfair and punitive.Flag
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22
Name: Anonymous on Mar 28, 2008Comments:Flag
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23
Name: Anonymous on Mar 28, 2008Comments:Flag
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24
Name: Tammy Hatter on Mar 28, 2008Comments:Flag
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25
Name: Larry Perron on Mar 28, 2008Comments:Flag
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26
Name: Leslie Henry on Mar 28, 2008Comments:Flag
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27
Name: Rebeka Inoue on Mar 28, 2008Comments:Flag
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28
Name: Alec Saunders on Mar 28, 2008Comments:Flag
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29
Name: Allan Kielstra on Mar 28, 2008Comments:Flag
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30
Name: Maureen Boisonnault on Mar 28, 2008Comments:Flag
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31
Name: Cindy on Mar 28, 2008Comments: This tax has destroyed many families and ruined the lives of many hard working people. The government must act immediately before more people's lives get destroyed.Flag
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32
Name: Michael Wiener on Mar 28, 2008Comments: Back in 1999 I got the Canadian Advanced Technology Alliance interested in this issue, and a letter was sent to Paul Martin (then Finance Minister). Nothing useful came of it.Flag
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33
Name: Anonymous on Mar 28, 2008Comments:Flag
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34
Name: Anonymous on Mar 28, 2008Comments: I am personally affected by this flawed tax law. As the company I worked for during the boom and bust was finally de-listed last year, I am forced to declare the hundreds of thousands of dollars worth of phantom employment "benefit" on this year's tax return. This is another family about to be destroyed!Flag
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35
Name: Mittal Monani on Mar 28, 2008Comments: This legislation is a blot on the Canadian society that prides itself on compassion, justice and fair play. It also undermines the competitiveness of the Canadian high-tech industry and discourages young Canadians from taking up careers in developing new technology.Flag
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36
Name: Paul McBride on Mar 28, 2008Comments:Flag
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37
Name: Anonymous on Mar 28, 2008Comments: I am one of the individuals affected by this legislation. I would like to see us given the same treatment as former JDS Uniphase employees in BC got last year from the Federal government while facing a similar tax situation..Flag
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38
Name: Roderick S. Olafson on Mar 28, 2008Comments: I went to work for a lesser salary and employee options. I understood that I could move to the US for a much more substantial salary. I understood that I took a risk by reducing my ability to save money for my families future. And I balanced these against an opportunity represented by my options. Neither myself nor my employer nor my accountant understood the real risk I incurred. The Canadian government communicated the benefits of employee options very well; they were fighting the "brain drain". However, they didn't communicate the risk at all; thousands of Canadians now owe taxes on money they never saw.Flag
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39
Name: Jonathan Liberty on Mar 28, 2008Comments:Flag
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40
Name: Gerard Meszaros on Mar 28, 2008Comments: Based on this surprise, I'll think twice before taking a job with stock options.Flag
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41
Name: Michael Murphy on Mar 28, 2008Comments:Flag
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42
Name: Gary Harris on Mar 28, 2008Comments:Flag
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43
Name: Jill Hawe on Mar 29, 2008Comments: Canadians are generally completely unaware of this unjust tax law. When made aware that debt on phantom profits is a reality in our supposed "fair country" we call Canada....the response is always "how can this be"Flag
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44
Name: G Bedard on Mar 29, 2008Comments: As with all beefs with unfair taxes it depends on who you know in government, not whether its fair or unjust. If you'r the Bronfman family for example you get a one time exemption to shift all your profits to the USA to avoid paying the tax inCanada . Dont try this yourself you need politicians in your pocket so to speak.. We are one of the few countries in the world where a CCR letter of advice in not binding. So they can make it it up on the go, is that fair NO.Flag
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45
Name: Michael F Sargent on Mar 29, 2008Comments: The inequity of these laws is certainly a low point for Canadian taxation. The government that has the sense of fairness to correct this injustice would do well by the voters of Canada.Flag
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46
Name: Michelle Webb on Mar 29, 2008Comments:Flag
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47
Name: Brent Millar on Mar 29, 2008Comments:Flag
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48
Name: Serban Gheorghe on Mar 29, 2008Comments:Flag
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49
Name: Anonymous on Mar 29, 2008Comments:Flag
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50
Name: Mary Nye on Mar 29, 2008Comments:Flag