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

Published 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 […]

Canada’s CEOs pad the numbers in tax report

Published April 7, 2014

The Canadian Council of Chief Executives released a report Monday trying to make the case that Corporate Canada pays more than its fair share in taxes. The problem is when you read beyond the headline, you realize the report from the lobby group representing Canada’s biggest corporations has more holes in it than the corporate […]

Corporate Canada tops global list of cash hoarders

Published March 25, 2014

You won’t hear the Harper government boast about Canada leading the G7 in this category: the amount of “dead money” being stashed away by corporations. The International Monetary Fund looked at the amount of “dead money” held by non-financial firms, and found corporate Canada is leading the G7 pack. This cash stash in Canada has […]

Corporate Canada’s cash hoard exceeds national debt

Published March 17, 2014

This is quite a milestone. The amount of cash held by private non-financial corporations in Canada stood at $626 billion in the fourth quarter of 2013, up from $591 billion in the third quarter, according to Statistics Canada. The big jump means corporate Canada’s accumulated stock of cash now exceeds the federal government’s accumulated deficit, […]

Corporate Canada done paying taxes for year, hoarding $541 billion in cash

Published January 29, 2014

Canadian corporations are done paying taxes for the year, according to a new study that links massive corporate tax giveaways to hoarding hundreds of billions in cash. Wednesday is Corporate Tax Freedom Day, meaning that corporations have now paid their entire share of taxes for the year to all levels of government, the Canadian Labour […]

Tag: corporate tax

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

Canada’s CEOs pad the numbers in tax report

Corporate Canada tops global list of cash hoarders

Corporate Canada’s cash hoard exceeds national debt

Corporate Canada done paying taxes for year, hoarding $541 billion in cash