Tag: canada

Inflation is a looming threat for Canada’s economy

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Inflation is a big topic of conversation for the Bank of Canada. The Canadian economy struggles following the aftereffects of the Covid-19 pandemic. Statistics Canada has confirmed the Canadian inflation rate had reached 3.1% in June. Shelter and transportation prices were found to have risen while those for food, women’s…

Uber Canada Shifts Base From Netherlands To Canada

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Uber Canada’s ride hailing and food delivery business is set to relocate from the Netherlands to Canada from July 1. This is the culmination of a transfer process that started in 2018. This change will put into effect sales taxes that will go to the government. Uber has confirmed that…

CBC Shines Spotlight On Offshore Tax Evasion

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In a Fifth Estate news report, the Canadian Broadcasting Corporation (CBC) has revived the story of how wealthy KPMG clients may be dodging taxes through secret offshore havens. This was done by highlighting the case of the Coopers. After having amassed a fortune from selling scrap metal in South Africa,…