Corporations can afford to pay a little more so that Canadians do not pay for government cost cutting. Salaries fall, prices rise, and shareholder dividends shrink. Shareholders seem like invisible people, which is perhaps why corporations make an easy target for social activists. There is no complete survey of who owns stocks in Canada, but some examples can give a clue. The fact that in the end individuals pay the corporate tax makes Corporate Tax Freedom Day a meaningless measure of who pays taxes in Canada.
Corporations are the only ones to get tax breaks.
Unions control a third of all venture capital funds in Canada. Canadians who put their money in these funds receive provincial and federal tax breaks. You can contact us at the above email address for any comments or information requests. Please report any dead links or technical problems.