“We were going to see the two largest telecommunications companies in the country not pay corporate taxes. That's a clear and present danger to fairness in the Canadian tax system. I thought we had to act.” Globe and Mail, November 2, 2006.
“It is estimated Ottawa stands to lose over $1-billion in annual tax revenue should Bell Canada be privatized.” Financial Post, July 4, 2007
BCE and Purchaser Enter Into Final Agreement Financing and Credit Agreements Signed July 4, 2008
Jim Flaherty, would you like to comment? Who will make up the $1 billion in lost taxes now that BCE has gone private? What does this mean for consumers now that Canada's largest telecommunications carrier will be saddled with $44 billion of debt? Won't that mean lessened competition and higher costs for cell phones and basic services?
What became of standing up for consumers? Or was that last week?
Won't Telus be next?
Friday, July 4, 2008
Posted by Fillibluster at 10:06 AM