HuffPost Canada closed in 2021 and this site is maintained as an online
archive. If you have questions or concerns, please check our
FAQ or contact
support@huffpost.com.
corporations
Often it seems politicians prioritize corporate interests over those of the citizens who elected them.
The larger issue concerns the tax masquerade system created by the Liberals and Conservatives over many years that works to aid the already wealthy.
Ontario has over 18,000 children living in care, the highest number of any province in Canada. These kids have experienced abuse, neglect and abandonment and are trying to overcome past trauma in order to heal, thrive and go on to lead happy and healthy lives.
Here's a sad reality: most products and services developed by large corporations never make it to market. There are simply too many internal hurdles to jump through. Which means when it comes to successfully bridging innovation and commerce, larger-sized corporations can learn a lot from startups. And they can do so without battling bureaucracy or running afoul of shareholders.
The Liberal Government has stated they want to build a strong middle class, but who comprises the middle class? Mr. Morneau in his 2017 budget speech stated, "All Canadians must pay their fair share of taxes," but what is a "fair share"? Let's do the math and find out.
As the founder of Microsoft, there are few people on the planet who have helped to guide technological progression (at least in the realm of computing) as much as Gates over the course of his 42-year career. The thrust of his argument is this: if robots replace human workers whose pay would otherwise be taxed, why then should the labour of the robots not also be subject to taxation?
We live in a world teeming with stakeholders. At some point in time every citizen, whether they know it or not, will be a stakeholder for something. You the reader are a stakeholder. And so am I. Now occasionally stakeholders get so fired up they become protesters. But are stakeholders and protesters actually the same thing?
The status quo parties at Queen's Park have laser-sharp focus when it comes to attacks on each other's fundraising practices. The accusations they are throwing around ask who is selling access to whom. The truth: none of the three parties at Queen's Park have a clean record on donations. I support calls for inquiries into past practices and committees to consult the public, but I don't want these efforts to delay passing legislation to transform the system. Fixes should be in place before the 2018 provincial election. We need transformational change now to get the stink out of Queen's Park.
Companies operating in Canada in 2014 held over $199 billion in "assets" -- unpaid taxes -- in havens like Barbados and the Cayman Islands. Canada is one of the biggest "losers" of corporate tax revenue. The "winner" countries are the ones with low-to-none corporate income tax, such as Bermuda, as well as the super-rich.
This week, ministers from 12 countries representing 40 per cent of the world's economy will meet to discuss the Trans-Pacific Partnership, one of the largest trade agreements ever. As talks are rushed to conclusion, Canada is still fighting to have its supply management system excluded from the deal. We wish the government well in its quest to protect supply management, but we wish it would go to bat for other core Canadian values and industries. Unlike our European and even American counterparts, Canadian discussion on the TPP has been limited to chickens, eggs and milk.
