The highs and lows of Canada's corporate tax rollercoaster ride

In 2012, Canada will have the lowest corporate income tax in the G7. That statement is easy to make; its context is harder to grasp.

The Hill Times Photo: Jake Wright
Finance Minister Jim Flaherty has refused to back down on his commitment to cut federal corporate tax rates to 15 per cent by next year, which will position Canada in the middle of G20 economies. The cuts are shaping up to be a major issue in the next federal election.
Carl Meyer
Published: Wednesday, 02/02/2011 12:00 am EST

In 2012, Canada will have the lowest corporate income tax in the G7. That statement is easy to make; its context is harder to grasp.

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