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Canada should lower corporate taxes to stay competitive with U.S.: experts

Average Sentiment: Objective (0.72)
Thursday 00:37 GMT
Category: Economy

The Canadian government needs to shave a bit off the corporate tax rate and provide financial incentives for investments in artificial intelligence and robotics following U.S. tax reforms, says a leading tax expert.

READ MORE: If you thought NAFTA pullout would be bad for Canada, check out the tax reforms. A CIBC World Markets report said the U.S. tax changes will make Canada less competitive and end the use of tax inversions.


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