Canada has the lowest corporate tax rate in the G7. But that makes no difference to many corporations. They send billions to offshore tax havens every year to avoid paying their share. This fact sheet gives you the low-down. And it isn't pretty.
If Canada’s corporate tax rate was the same today as it was in 2000, we’d be collecting an extra $20 billion a year in taxes—enough to fund national child care, free university tuition, or children’s dental care. Instead it has been cut in half since 2000.