Camping, a long cherished Canadian pastime may be in jeopardy, thanks to a recent change of interpretation made by Canada Revenue Agency and the Federal Government that is threatening small campgrounds of a 300% taxation increase. This poorly thought out decision has far reaching financial effects on a local, regional, provincial and national level and is one that affects all Canadians.
IMPACT
- Prohibitive taxation reclassification will force many small campground owners to shut down their sites.
- Decreased tourism and revenue loss for rural and northern communities
- Increased unemployment rates in these areas, as a result of seasonal job loss due to fewer tourists and campgrounds.
- Fewer campsites means fewer opportunities to visit some of Canada’s natural wonders.