Windfall tax on large Canadian companies needed to recover public funds: report - National | Globalnews.ca

Canada News News

Windfall tax on large Canadian companies needed to recover public funds: report - National | Globalnews.ca
Canada Canada Latest News,Canada Canada Headlines

Windfall tax on large Canadian companies needed to recover public funds: report

  • 📰 GlobalNational
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Canadians for Tax Fairness says many of these companies also reported impressive profits in 2022 as pandemic restrictions lifted and the economy improved.The group says a windfall profit tax on all large corporations would force corporations to give back some of the public funds they received and assist with the country’s overall recovery.

The head of the Canadian Revenue Agency recently said it wouldn’t be worth reviewing more than $15.5 billion in potentially ineligible pandemic wage benefits flagged by the Auditor-General.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

GlobalNational /  🏆 81. in CA
 

Hand it out for one event; then take it back for another. Get it together!

Canada Canada Latest News, Canada Canada Headlines



Render Time: 2025-01-12 23:56:32