A competitive tax regime : Régime fiscal concurrentiel : composante essentielle d'une économie dynamique et productive

In a highly integrated global economy, skilled workers, businesses and capital move easily across national borders, seeking the best economic opportunities. In response, many countries have overhauled their tax systems to maximize their attractiveness as a destination for talent, capital and innovation. Canada has witnessed a remarkable transformation in the business tax landscape. The combined federal-provincial/territorial statutory corporate income tax rate has comedown from approximately 42 per cent in 2000 to 26 per cent today.