..The latest tax cut is Canada's fourth in as many years and will lower its federal corporate income-tax rate from the current 18% to less than half of the U.S.'s 35%, at a time when economists and government officials fret that high U.S. taxes could be discouraging investment south of the border.
In 2012, Canada plans to cut its corporate taxes further, to 15%, bringing combined provincial and federal taxes to about 25%, from a combined average of 42.6% in 2000...