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September 12, 2018
The negative impact of U.S. tax reform on Canada’s economy could be 10 times greater than the potential fallout from NAFTA termination, a PwC Canada study suggests. Late last year, U.S. lawmakers approved a sweeping overhaul of the U.S. tax code. Among other changes, the reform bill cut the corporate tax rate from 35 to 21 per cent and allowed companies to immediately deduct from their tax bills the full cost of capital spending. Proponents of the tax package ...
May 28, 2018
The fifth edition of the Total Tax Contribution (TTC) report is based on financial data from 87 Business Council of Canada member companies. The latest edition of the survey, based on 2016 tax filings, underscores the significant contribution large firms make to public finances. Corporate income tax payments in particular were sharply higher than in the previous year.
April 4, 2018
Canadian employers are working harder and spending more to recruit recent post-secondary graduates in an increasingly competitive labour market, a new report indicates. The findings are based on responses from 95 of Canada’s largest companies. Eighty-three per cent of them participate in co-op programs and other forms of work-integrated learning initiatives that help identify potential new hires.
March 7, 2018
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) positions Canada as one of the most open countries in the world, with free trade agreements covering more than 60 per cent of the global economy. Once implemented, Canada will become the only G7 nation with trade agreements covering the United States, the Americas, Europe and the Asia-Pacific region, including three of the world’s four largest economies. Companies of all sizes will benefit from preferential access to nearly 90 per cent of ...
October 23, 2017
The Business Council of Canada is the senior voice of the country’s business community, representing 150 chief executives and entrepreneurs in all sectors and regions. Read our 2016/2017 Annual Report to find out how Canada’s business leaders are creating high-value jobs, investing in communities and building a healthier economy.