By Zach Dubinsky, CBC News, June 17, 2016
Billions in potential revenue lost as money flows to offshore havens, CBC/Toronto Star analysis finds
Montreal-based clothing maker Gildan earned $396 million in profit last year, but paid just over $6 million in cash taxes — a rate of about two per cent.
Drug maker Valeant, based in nearby Laval, Que., booked $1.1 billion in profit in 2014 but paid only $110 million in tax.
