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Recent news

Federal government still paying lion's share of COVID-19 bills

Ottawa (26 Aug. 2021) — A report released today by the Canadian Centre for Policy Alternatives (CCPA) shows that the federal government contributed 86% of the cost of the measures to respond to the COVID-19 pandemic. The report, Still Picking Up the Tab: Federal and provincial government COVID-19 spending, updates a previous report on spending during that pandemic, Picking Up the Tab, which the CCPA released in January.

NUPGE backs call for a 21% global minimum corporate tax rate

Ottawa (09 June 2021) — In a letter to Prime Minister Justin Trudeau, the National Union of Public and General Employees backed the call for a global minimum corporate tax rate of at least 21%. The proposal for a global minimum corporate tax rate is being discussed at the Group of Seven government leaders’ summit in Britain later this week.

Global minimum corporate tax rate would help reduce tax dodging

A global minimum tax is intended to make it hard for multinational corporations using tax havens and other tax dodging schemes to avoid paying their share. 

Large corporations fighting to keep Canadians paying too much for medication

Ottawa (27 May 2021) — A universal public pharmacare program will help to ensure all Canadians are able to get the prescription drugs they need and will save the health care system money. So why is it taking so long to introduce? 

The answer is that, while the overwhelming majority of Canadians would benefit from universal public pharmacare, some large corporations would see profits drop. Those corporations, whose owners include some of the wealthiest families in the world, are lobbying hard against universal public pharmacare.

Investigation of shell companies and tax havens to be restarted

Ottawa (30 April 2021) — This week the House of Commons Standing Committee on Finance (FINA) agreed to a motion from NDP Finance Critic Peter Julian to do a follow-up study of how shell companies in tax havens are used for tax avoidance and to avoid legal proceedings. This effectively restarts a 2016 inquiry by FINA into shell companies in tax havens.