The Globe and Mail reports in its Saturday edition that Canada's tax regime is sorely in need of reform. The Globe's Matt Lundy writes that every year, the tax system becomes more complex, leaving households and businesses to navigate a labyrinth of credits and benefits. BMO chief executive officer Darryl White says the productivity "megadeduction" proposed by Prime Minister Mark Carney is exactly the kind of pro-investment tax reform Canada needs to unlock private-sector growth. "Now we should build on that momentum," Mr. White argues. "Canada's last comprehensive tax review occurred before Neil Armstrong walked on the moon. Since then, layers of credits, exemptions and complexity have accumulated." We should make Canada the easiest place in the world to start, grow and invest in a business, he says. "That means putting everything on the table, from what we tax to how the system is administered. The prize is significant. CFIB estimates Canadian businesses spent 768 million hours in 2024 on regulatory compliance, effectively its own sector with 394,000 full-time jobs. The Bank of Canada says we have a productivity emergency. The productivity megadeduction has created momentum. Time to aim higher, and simpler."