In this episode of In the Mood With Kim G C Moody Podcast, Kim comments on the huge federal spending commitments recently made by PM Carney. When asked by a reporter about the Parliamentary Budget Officer’s concerns about fiscal sustainability and whether or not there would need to be increased taxes to pay for such amounts, Mr. Carney rolled his eyes and proceeded to give a non-answer. Kim comments on this and the ultimate inevitable introduction of new / increased taxes.

In this episode, Kim G C Moody dives into a high-profile tax controversy involving NHL star John Tavares and the Canada Revenue Agency’s reassessment of his signing bonus from the Toronto Maple Leafs. If you've read recent media coverage on the issue, chances are you've seen more confusion than clarity, so I'm here to set the record straight.

We explore how Canadian tax law and the Canada-U.S. tax treaty actually work when it comes to non-resident athletes receiving signing bonuses, and why the CRA’s approach in this case is, in my view, deeply flawed. I also address the misinformation being circulated by media outlets and self-proclaimed social media experts, and explain why allegations of “tax games” are ridiculous.

This isn’t just about John Tavares—it’s about tax policy, legal interpretation, and Canada’s ability to remain an attractive destination for global talent. I close with a call for common sense: if Canada wants more tax revenue, it should negotiate smarter treaty terms; not litigate weak positions in court.

Happy listening!

In this overdue podcast, Kim provides updates on what’s happened in the Canadian tax and economic landscape since the Canadian election call.

He also discusses the need for new PM Carney to recognize the real division amongst Canadians and work hard to unify.

Kim then discusses some of the early actions of the Carney government such as not presenting a spring budget, the commitment to implement the deceptive “separation of the operating budget from the capital budget” and the election promise to complete a so-called “expert review” of the corporate tax system.

Kim ends the podcast by discussing some of the large taxation threats arising from the United States….they’re real and have the potential to have a significant and negative impact.

Happy listening!