After former Leafs and Blue Jays players, CRA now goes after ex-Raptors star Norman Powell
OTTAWA — On Feb. 4, 2022, former Toronto Raptors star guard Norman Powell received two pieces of news that would have a major impact on his life.
The first was from his agent telling him that he was part of a blockbuster trade that sent him from the Portland Trail Blazers to the Los Angeles Clippers.
The second was from the Canada Revenue Agency (CRA) claiming over $1.2 million in additional income tax on “inducements” paid by the Raptors in 2019 and 2020 to attract the star two-way guard to the surging Toronto team.