Canada's Tax Rate Lowest in the World: Carney

Mark Carney, former Governor of the Bank of England, made a bold statement regarding Canada's tax policies. Speaking on September 18, 2026, he claimed that the effective tax rate on new investment in Canada will be the lowest among major economies worldwide.

This announcement comes as part of a broader discussion around economic strategies and trade agreements. Carney emphasized that this move was a deliberate decision to make Canada an attractive destination for investors.