$30 billion in government revenue lost as corporate tax avoidance doubles in 2021
La version française suit
For Immediate Release: Tuesday, 4 October 2022
La version française suit
For Immediate Release: Tuesday, 4 October 2022
The Canadian government loses over 40 billion dollars every year because of tax loopholes.
Most of that money ends up in the pockets of large corporations and very rich people, whose wealth would continue to grow even if those loopholes were closed.
Meanwhile, the public services we all benefit from such as healthcare, education, public transport, and protecting the environment, remain underfunded.
The new Supply and Confidence Agreement between the Liberal Party and the NDP promises quick action on dental care, pharmacare and long-term care to bring about substantially better healthcare for all Canadians. It also ramps up investments in affordable housing and climate action. New funds need to be identified in Budget 2022 and beyond in order to make these commitments a reality.
The federal budget should include immediate action to close tax loopholes and uncover tax cheats, raise the corporate tax rate, and implement a wealth tax.
21 March 2024
While everyday Canadians struggle to make ends meet, the wealthiest among us have seen their fortunes grow exponentially.
About the Global Alliance for Tax Justice
The Canadian Taxpayer Federation has rehashed its worn-out campaign to "defund the CBC" - this time with Conservative leader Pierre Pollievre as their eager mout
Canadians for Tax Fairness is seeking a highly motivated and skilled individual to