After destroying the economy, the Feds are cycling the survivors.

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MrSmith
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After destroying the economy, the Feds are cycling the survivors.

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The Canada Revenue Agency is using the court system to attempt to collect $100 million it says Islanders and Island businesses owe to the federal government for unpaid taxes.

It’s unsurprising to Mark Marshall, a licensed insolvency trustee with Allan Marshall and Associates.

He deals daily with people owing or trying to pay off taxes that have been sent to collections. The move is often a last resort after contacting the debtor is unsuccessful, issues have been discovered or a payment arrangement hasn't been made. It’s a situation that causes a lot of stress, he said.

"A lot of times, people will deal with their stress by ... ultimately not addressing it," he said.

WATCH | More than 16,000 Islanders owe unpaid taxes:

Islanders owe the CRA over
It's almost time to file your taxes and CBC recently asked the Canada Revenue Agency how Islanders are doing when it comes to paying on time. Turns out, not good. The CRA says many people in this province haven’t filed in years. CBC’s Laura Meader has more.
Through legal action filed in the courts, the CRA is attempting to collect $100 million from 16,366 people on P.E.I.

Nationally, about 3.3 million people owe $24.8 billion. And those are just the amounts that have gone to court —total tax debt owing for Canadians is $136 billion.

Documents filed in P.E.I. Supreme Court show a wide range of amounts owing, some in the tens of thousands and others more than one million

https://www.cbc.ca/news/canada/prince-e ... -9.7136978
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