News Archive
2019-03-18
Justin Trudeau and his Finance Minister Bill Morneau are in a tight spot. They’re facing an election in seven months and need to commit funds to the promises they made during the last election.
Read more...
2019-03-13
We’ll closely analyze the federal government’s 2019/20 budget when it is tabled
Read more...
2019-03-04
A documentary about one of the most explosive leaks in history makes its Canadian debut this week in Toronto.
Read more...
2019-02-21
Mark your calendars. Finance Minister Bill Morneau will unveil his government’s budget for the year.
Read more...
2019-02-15
RCMP and the CRA recently shut down a massive international money laundering network across Canadian cities.
Read more...
2019-01-22
Countries around the world lose at least US$500 billion in annual tax revenues from international corporate tax avoidance and profit shifting, including through tax havens.
But we now finally have an opportunity to make some real progress on international corporate tax reform, with proposals outlined in a new paper just published by the Independent Commission for International Corporate Tax Reform.
Read more...
2019-01-08
Alexandria Ocasio-Cortez, the youngest woman elected to U.S. Congress, got the media and internet buzzing recently when she told TV host Anderson Cooper on CBS’s 60 Minutes that the U.S. should introduce a tax rate of 70% on incomes of over $10 million to help fund a Green New Deal.
How feasible is this—and would it work in Canada?
Read more...
2018-11-29
The Senate of Canada unanimously approved a bill that will require the Canada Revenue Agency (CRA) to annually publish a list of those convicted of tax evasion, with a separate list of international tax cheats, and to also publish a report every three years on Canada's "tax gap": the revenues lost annually to aggressive tax avoidance and evasion.
Read more...
2018-11-28
Harry Leslie Smith--veteran, passionate defender and promoter of public services, refugees, anti-poverty activist, the "world's oldest rebel"--died early November 28 morning in a Belleville, Ontario hospital, aged 95.
Read more...
2018-11-22
After months of reducing expectations, Finance Minister Bill Morneau provided corporations with surprisingly large tax breaks in his mini-budget,worth $14.4 billion over the next five years. They were well-targeted for short-term political reasons: to shore up business support for the Liberals less than a year before the next election.
But a bigger question is whether another $14 billion in tax breaks for business will actually work in economic terms and boost business investment in Canada—and to “grow the middle class and those working hard to join it”?