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Core Issue

Tax Fairness

Wealthy corporations and the ultra-rich don’t pay their fair share.

Canadians have had enough of the tax-cheats gaming the system to protect their pocketbooks at the expense of everyone else.

Gaming the system is easy if you have enough money. Let’s change the game. It’s time the wealthiest pay their fair share.

The Issue

 PIPSC represents approximately 12,000 tax professionals at the Canada Revenue Agency (CRA). Our members have been flagging concerns about wealthy corporations avoiding paying their taxes. Tax-cheats are using aggressive transfer pricing or profit shifting strategies. High-profile investigations like the Panama, Paradise and Pandora Papers further expose the global tax avoidance crisis.

 

To deliver essential services to Canadians, the government must protect its revenue sources. During the pandemic, income support programs got Canadians through tough times. Meanwhile, wealthy corporations still profited with record profits and soaring stock prices.

PIPSC’s ongoing advocacy

Closing tax loopholes

The Parliamentary Budget Officer estimates as much as $25 billion/year in lost revenue due to profit-shifting strategies.

Crack down on tax avoidance

Investing in the CRA to investigate and enforce tax law will more than pay for itself in increased public revenue.

Ensure the CRA has the tools they need to do their job

Lack of support for the CRA has prevented dedicated professionals from carrying out their work to the best of their ability.

Latest news
PIPSC welcomes enhanced transparency of corporate beneficial owners

2 Feb 2024

2 years ago

PIPSC commends Canada’s new corporate transparency requirements to combat tax evasion, money laundering, and other financial crimes.  The federal government passed landmark legislation last year requiring Canadian corporations to disclose their beneficial owner·s. A beneficial owner is the individual, or individuals, who control a significant share of a company.  Criminals can use shell companies to …

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Watch our Parliamentary briefing on tax fairness issues

24 Mar 2022

4 years ago

Everybody knows that huge corporations and the ultra-rich don’t pay their fair share. PIPSC members have been calling for change for years, and Canadians agree. According to a 2021 survey, 70% of Canadians think that large corporations and the ultra-wealthy don’t pay enough taxes. 92% support changes to make it harder for corporations to use …

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At the forefront of the fight against tax evasion

13 May 2021

4 years ago

On May 6, 2021, PIPSC President Debi Daviau and Economist Ryan Campbell testified before the House of Commons Standing Committee on Finance (FINA) about the Canada Revenue’s Agency’s (CRA) efforts to fight tax evasion. The rules must apply to everyone, but unfortunately many wealthy individuals and corporations use their superior resources to look for a …

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Bill C-224 has been defeated

30 Apr 2021

4 years ago

Good news! Thanks to successful advocacy on the part of PIPSC, Bill C-224 was rejected by the House of Commons Finance Committee (FINA) on March 3, 2021. It was then fully defeated in the House of Commons on April 14. Conservative and Bloc MPs voted in favour, but the NDP and Liberal MPs voted against …

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Shell Game

3 Dec 2018

7 years ago

2. The Resources The mandate of the Canada Revenue Agency (CRA) is essential to the provision of public services that benefit all Canadians. But like all government operations, the fair, impartial collection of tax revenue can only be achieved if the funding and structures exist to support it. In our first report, we reviewed the …

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See all news

Undermining Tax Fairness Reports

Part 1: Shell Game, a survey

(2018) How offshore havens, loopholes, and federal cost-cutting undermine tax fairness.

Read the report

Part 2: Shell Game, the resources

(2018) How offshore havens, loopholes, and federal cost-cutting undermine tax fairness.

Read the report

Part 3: Shell Game, policy reforms

(2018) How offshore havens, loopholes, and federal cost-cutting undermine tax fairness.

Read the report