Tax loophole lets Potash CEO avoid tax on $300 million in stock options

Published April 18, 2014

Thanks to Canada’s loopy tax laws, a miner making $50,000 per year will pay tax on 100% of their earnings because they get paid in salary, while the CEO who runs the mine can avoid tax on half their earnings because they get paid in stock options. Meet Bill Doyle, the outgoing CEO of the Potash Corporation […]

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 […]

Generation screwed: this is how many hours it takes to pay tuition

Published April 15, 2014

University students have to work as much as six times the number of hours in minimum-wage jobs to pay their tuition bill compared to 40 years ago, a new study has found. The Canadian Centre for Policy Alternatives looked at Statistics Canada’s tuition data between 1975 and 2013, and found that the huge jump in fees over the […]

CPP Investment Board to Fraser Institute: you’re wrong about public pension

Published April 13, 2014

The Canada Pension Plan Investment Board isn’t mincing words. The crown corporation established in 1997 to invest the funds of the CPP says the Fraser Institute is just plain wrong about the health of the nationally administered pension plan. Or, more specifically, shows a “fundamental lack of understanding regarding the CPP.” online pharmacy […]

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 […]

Why the austerity agenda is bunk

Published March 30, 2014

Watch economist Mariana Mazzucato, author of The Entrepreneurial State: debunking private vs. public sector myths, explain in 140 seconds why governments that cut in bad economic times are wrong. The University of Sussex professor, whose book was one of the Financial Times’ 2013 books of the year, was in Ottawa over the weekend to deliver […]

Tag: policy