Wednesday, September 20, 2006

Canada is one of the "tax burden bad boys"

"His report concludes this country has the eighth highest overall tax rate on capital investment — the lifeblood of economic growth — among 81 industrialized and developing nations.

It's a particularly dismal statistic for Canada, a country that's seen its global share of foreign direct investment drop in recent years and is struggling to adjust to rising competition from Asian nations."