We need to stand up against multinationals that pay no taxes - simply because they sell us goods and services online. We need to stand up for Canadian businesses and industries that face unfair competition. We need to stand up for tax justice.
Donald Trump’s contention that it is “smart” not to pay your fair share of taxes has provoked public outrage. But there are lots of Canadian multinationals incorporating that mantra into their business plans.
Cameco’s $2.2 billion tax trial starts today in Toronto. The same day that MPs from the Parliamentary Finance Committee are in Regina to consult with taxpayers about how to manage priorities in the next federal budget.That committee need only look at the Saskatchewan case to get a clear roadmap about how to proceed.
Could the situation be more perverse? The world's richest company enjoys generous, possibly illegal corporate aid from the Irish government, while Ireland's youth unemployment rate is 18 per cent and waitlists for health care soar. And it is a scenario that plays out all over the world. This stark reality is the subject of an insightful blog from Canadian economist Armine Yalnizyan.