"I forget what the relevant American rate is, but I can tell you that our goal is to have a combined federal-provincial corporate tax rate of no more than 25 percent. We're on target to do that by 2012. We will have significantly - by a significant margin the lowest corporate tax rates in the G-7, and that's our - our government's objective"

This quote by Stephen Harper is describing the goal of the Canadian federal government to have a combined federal-provincial corporate tax obligation price of no more than 25 percent by 2012. This would make Canada's business tax obligation rate the most affordable in the G-7, which is a group of seven of the globe's biggest economies. This goal is most likely in response to the business tax prices of various other countries, such as the United States, which Harper does not discuss in the quote. By having a reduced corporate tax obligation rate, the Canadian federal government wants to draw in more organizations and also financial investments to the nation. This can bring about more work and financial development, which would benefit the Canadian individuals.