Canadian Corporations Making “Extreme Profits” Should Pay Their Fair Share of Taxes

A Call for Action from Canadians for Tax Fairness, a non-profit citizens organization standing up for “a light of truth in dark times”

Posted December 2nd, 2024 on Niagara At Large

With the recent political outcome south of the border, it’s been a bleak month for many. As our own election looms on the horizon and misinformation continues to spread, we’re gearing up to do all we can to share facts with the masses in the coming months.

Keeping hope alive about tax justice in Canada has never been more important. Here’s what we’ve been up to this November.

Taxing excess profits in Canada: An urgent proposal for action –

From 2021 through 2023, Canadian corporations collected $440 billion more in profits than expected based on their average profit margin over the previous four years.

Our latest report looks at extreme corporate profits in Canada and why we need to tax them back to support our shared resources.

Check out the report [here](https://www.taxfairness.ca/civicrm/mailing/url?u=6960&qid=1720606) and send a message to Ottawa to implement an excess profits tax [here](https://www.taxfairness.ca/civicrm/mailing/url?u=6961&qid=1720606).

About Canadians for Tax Fairness – C4TF is a non-profit, non-partisan organization that advocates for fair and progressive tax policies, aimed at building a strong and sustainable economy, reducing inequalities, and funding quality public services.

VISION – Our vision is a country where taxation is regarded as a way to invest in Canada and Canadians. We believe in a progressive tax system where all individuals and corporations pay their fair share. We believe that Canada in the 21st century should be a society in which economic disparities are decreasing, basic needs are met by investing in high-quality public services, economic policies are designed to create good quality jobs and protect our environment, and the will of the people drives our political process.

For more on the organization and its efforts, click on – https://www.taxfairness.ca/en

NIAGARA AT LARGE Encourages You To Join The Conversation By Sharing Your Views On This Post In The Space Following The Bernie Sanders Quote Below.

“A Politician Thinks Of The Next Election. A Leader Thinks Of The Next Generation.” – Bernie Sanders

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