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Innovative Medicines Canada: A Strong Vibrant Life Sciences Sector, Pricing Regulations and Diversity, Equity and Inclusion Top Priorities for Cole Pinnow New IMC Board Chair

Ottawa, Ontario (Newsfile Corp. - November 23, 2021) - Innovative Medicines Canada (IMC) is pleased to announce that Cole C. Pinnow, President, Pfizer Canada ULC, has been elected Chair of its Board

Pfizer pitches Canada for tax breaks in upcoming budget

  OTTAWA Pfizer Canada is pitching the federal government to bring in new tax breaks and change related corporate tax policies, suggesting the feds need to do more to incentivize pharmaceutical companies to invest domestically in a post-pandemic world. Specifically, Pfizer is proposing that in the upcoming federal budget, the government “maintain or reduce corporate income tax rates,” and offers a series of suggestions of ways to do so. The company suggests that the federal Liberals provide certainty about how Canadian tax rules, regulations, and policies will be “fair, clear and predictable,” particularly in how they apply to scientific research and development as well as contract manufacturing.

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