Some CEOs just can’t let go and, by his own admission, Ed Sonshine is firmly in that camp.
| The 72-year-old is sitting beside me in the back seat of a black Chevy Suburban, in the middle of winter, spelling out a transformation vision as we crawl through the parking lot of a suburban strip mall.
| Everything around us – the endless asphalt, the industrial-looking storefronts – earned him accolades two decades ago. As the founder and chief executive of RioCan REIT, he built power centres such as this one in Vaughan, Ont. across the country. By 2005, RioCan had an army of concrete fortresses housing retailers such as HomeSense and Blacks Photography, all protecting courtyards of cars.
|  | | | More stories below advertisement | | | | Michael Babad's Business Briefing | | | | President and CEO of the C.D. Howe Institute
| Our federal fiscal masters are deeply inconsistent. They freely spend billions in revenue windfalls on one hand, but are obsessive about every nickel of tax they might fail to collect, no matter the cost to Canadians. The 2019 budget features yet another revenue bonanza of scattered handouts, many clearly contrived in haste.
| That is bad. What is worse is how the government simultaneously tightens the screws, making tax compliance harder over amounts of money that are often derisory, and citing the integrity of the tax system in resisting reforms that could do Canadians much good.
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