Morneau under pressure to match Trump's tax cut as finance ministers meet

Business | 207656 hits | Jun 26 5:48 am | Posted by: DrCaleb

In the face of a growing number of calls for Canada to match recent U.S. corporate tax cuts, Finance Minister Bill Morneau has embarked on a "listening" tour of Canadian businesses and is mulling new pro-business measures which could come as early as the

Comments

by Prof_Chomsky
Tue Jun 26, 2018 3:33 pm
And so begins the race to the bottom.
Winner? Mega corporations.
Loser? Everyone else, everywhere.
by peck420
Tue Jun 26, 2018 3:37 pm
I am firmly in this camp,
"Yes we need to do more," said Daniel Lauzon, Morneau's director of communications. "Maybe there are things we can do with regards to the tax rate, but it has to be a broader discussion than just that."

Even those who have called for lower corporate taxation in response to the Trump administration's moves say there are measures apart from a tax cut that could help Canadian firms compete.

Education, efficiency, infrastructure please.

If you want tax cuts that will make a huge difference to your average Mom & Pop, we need to be discussing it at the provincial and municipal levels far more then the federal. Just my opinion, of course.

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