CCPA study shows corporate tax breaks are not creating new jobs

According to a recent study by the CCPA, Canada’s corporate taxes have lead to a $50% increase in profits for corporations, but sadly, created very few new jobs. Corporate taxes in 2009 were 20% lower than in 2000 and have lead to an annual loss of $12 billion to Canada’s general revenue.

Read study here. 

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The Centre for Civic Governance works to support community leadership meeting today’s social and environmental challenges: climate change, Canada’s increasing equity gap, and shifting social trends. At the Centre for Civic Governance, our goal is to strengthen Canadian communities through sharing best practices, providing tools for locally elected leaders, and progressive policy analysis. We strive to provide knowledge and information to make real and positive social change.