The Canadian Press: Carney’s government is lowering the marginal effective tax rate from roughly 13 per cent to 6.4 per cent, which could make the country a more attractive place to invest. It will also lower the government’s revenue in the near term.
Carney defended the move when asked by The Canadian Press whether the change offers only a short-term competitive edge against other countries, which might reduce their own tax rates in response.
“The incentive for companies to invest in Canada is twice as high as it is in the United States,” Carney said, referring to the tax measure…