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WE'RE PROTECTING CANADIANS BY HOLDING THE POWERFUL ACCOUNTABLE

Journalism is an important public service. That’s why we’re prioritizing stories aimed at keeping Canadians safe and holding the powerful accountable.

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Corporate Canada’s own numbers show they don’t pay their fair share of taxes

The Canadian Council of Chief Executives set out to show corporate Canada is burdened by high taxes, and yet has gone and proven the opposite. The recent report made the claim that the 63 corporations who participated in the voluntary survey paid an average Total Tax Rate of 33.4% towards a Total Tax Contribution of […]

April 17, 2014

The Canadian Council of Chief Executives set out to show corporate Canada is burdened by high taxes, and yet has gone and proven the opposite.

The recent report made the claim that the 63 corporations who participated in the voluntary survey paid an average Total Tax Rate of 33.4% towards a Total Tax Contribution of $40.6 billion.

Yet only $6 billion of this figure comes from federal corporate income tax (taxes on profits). A big chunk…