Cutting the corporate tax rate would help lower Canada’s overall effective tax rate on new investment.
corporate tax rates
Ottawa and many provincial governments have increased already uncompetitive personal income tax rates.
News that Burger King and Tim Horton’s are merging and that the new company will be headquartered in Canada has taken the business and political world by storm. U.S. politicians and left-of-centre groups denounced the transaction as “tax dodging” and warned of a public backlash against the well-known burger chain.