Archive for June, 2016

Twenty-first Century “Canadian” Corporate Capitalism is Quite the Racket

June 27, 2016

Built with public subsidies, a Montréal firm can shift its ‘head office’ to a tax haven and workforce abroad, but Ottawa will continue to use its diplomatic, economic and military might to advance the company’s reactionary international interests.

As part of its coverage of the Panama Papers, the Toronto Star recently reported that Gildan Activewear paid only a 2.8% tax rate on more than $1.3 billion US in declared income the last five years and it’s unclear if any of the apparel company’s measly $38 million in tax was paid in Canada.

Twenty-first Century “Canadian” Corporate Capitalism is Quite the Racket

While Canadian Companies Exploit African Resources …

June 19, 2016

Canadian “charities” (NGOs) call on Canadians to “walk for hope” in Africa

While Canadian Companies Exploit African Resources …

Canada willingly makes tax deals with tax havens

June 18, 2016

The seeds of Canadian corporations hiding billions of dollars in offshore tax havens were sown more than 40 years ago, after the Canadian government pursued a series of tax treaties with tiny Caribbean and European nations.

https://www.thestar.com/news/world/2016/06/18/canada-willingly-makes-tax-deals-with-tax-havens.html