Canada's Corporate Tax Cuts

‘ONE OF THE GREAT BLUNDERS OF THE PAST GENERATION'
Corporate Tax Cuts May Be ‘One Of The Great Policy Blunders Of The Past Generation': Study


Corporate tax cuts were supposed to spur economic growth and job creation, but a new study looking at more than 90 years of data argues those cuts have done nothing to help growth — in fact, it shows they may have slowed the economy down.

Canada's Top 10 Corporate Cash Hoarders

Source: Canadian Labour Congress

10. Talisman Energy Inc. - $1.77 Billion
9. Magna International Inc. - $1.77 Billion
8. Cameco Corporation - $1.88 Billion
7. Lundin Mining - $1.97 Billion
6. Kinross Gold - $2.17 Billion
5. Air Canada - $2.2 Billion
4. Research In Motion - $2.87 Billion
3. Barrick Gold - $4.55 Billion
2. Potash Corporation - $5.35 Billion
1. George Weston Limited - $5.56 Billion

Canada: Corporate Taxes Lowered While Payroll Deductions Increased


Should Canada repeal the corporate tax cuts and use the money to create infrastructure jobs instead?

>> Yes. The tax cuts aren't creating jobs, so someone has to.

>> No. It will make our economy less competitive and we will lose jobs, not gain them.