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#corporatecapture

5 posts2 participants0 posts today

"From 2010-22, O&G received nearly one-quarter trillion dollars ($248B) in income tax deductions from capital cost allowances (CCAs), natural resource expense claims, prior year losses applied, and capital gains exemptions. The sector received an additional $16.6B in refundable tax credits. During those years, O&G ranked first among non-financial industries in tax benefits received." taxfairness.ca/en/resources/ne

www.taxfairness.caCanada’s oil & gas sector continues to receive tax breaks while climate commitments come due | Canadians for Tax FairnessDespite

"Carney has talked of the need “to build things we never imagined, at a pace we never thought possible.” Imagine if this ambitious, nation-building vision wasn’t restricted to the corporate world, but could include enterprises created and owned by all of us collectively." Yep! thestar.com/opinion/contributo

Toronto Star · Linda McQuaig: There’s much talk about building a stronger Canada, but silence about the one strategy that actually workedBy Linda McQuaig