Budget 2023: where were the tax measures to deal with corporate profits?

An excess profits tax would return to the government billions of public dollars used to support Canadians through the pandemic, fuelling hope in government leadership to face multiple crises, including healthcare, housing, and the climate.

Budget 2023, which Finance Minister Chrystia Freeland, pictured, delivered at the end of March, failed to acknowledge corporate profits in the affordability crisis, writes economist DT Cochrane.The Hill Times photograph by Sam Garcia

Opinion

BY DT COCHRANE

April 19, 2023

Budget 2023 failed to acknowledge corporate profits in the affordability crisis. This failure is glaring as the Justin Trudeau government made affordability a central message. This government refuses to recognize that record corporate profits and Canadians’ financial pains...

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