Feigenbaum Law

tax reforms

Investment

Corporate Tax Planning

Head of One of Canada’s Largest Banks Warns of a Significant Investment Exodus to the U.S

Dave McKay, the president and CEO of RBC has told the Canadian Press that the federal government must act to staunch the flow of investment capital from Canada to the U.S. His concerns come as Ottawa has already been facing pressure from business leaders to respond to the recent tax overhaul south of the border. Capital Flow Out of the Country May Be Followed by a Brain Drain One… Read More

Oil sector

Corporate Tax Planning

Policy Experts Express Concerns that U.S. Tax Reforms Could Affect Canadian Oil Sector

In a recent report, the director of the University of Calgary’s School of Public Policy has stated that Canada’s oil sector may be about to lose the tax competitive advantage that it currently enjoys. In the report, Jack Mintz, notes that both President Trump’s recent tax-reform proposals and those made by the Republican-controlled House of Representative last year, could make investments in the U.S oil industry much more attractive. These reforms, combined… Read More