Report shows Canada falling behind peers on tax competitiveness

OTTAWA, ON: The Canadian Taxpayers Federation is calling on Canadian politicians to prioritize tax relief in response to the 2021 International Tax Competitiveness Index that shows Canada’s tax system becoming less competitive. “Canada is falling behind our peers on tax competitiveness and that should be a wakeup call for all politicians that want to get our economy firing on all cylinders again,” said Franco Terrazzano, Federal Director with the CTF. “We’re in the bottom half of the pack on tax competitiveness, so our politicians should prioritize tax relief over more government borrowing to recover our economy.”