Keep Factually independent

Whether you agree or disagree with our analysis, these conversations matter for democracy. We don't take money from political groups - even a $5 donation helps us keep it that way.

Loading...Time left: ...
Loading...Goal: $500

Fact check: US 6 big companies are leaving for Canada.

Checked on July 9, 2025

1. Summary of the results

The claim that "US 6 big companies are leaving for Canada" is not supported by any of the analyzed sources. Instead, the evidence points to the opposite scenario - recent developments show Canada making concessions to maintain trade relationships with the United States.

Key findings:

  • Canada recently rescinded its digital services tax specifically to advance trade negotiations with the US [1] [2]
  • This move was described as a "clear victory" for US tech companies, not an indication of them leaving [3]
  • Sources discussing corporate relocations focus on movement within the US (from high-tax to low-tax states) or to other countries like Ireland, but not specifically to Canada [4] [5]
  • No source provided any evidence of six specific major US companies relocating to Canada

2. Missing context/alternative viewpoints

The original statement lacks crucial context about the current US-Canada trade dynamics. Recent developments show Canada making significant policy reversals to maintain favorable trade relationships with the United States:

  • Canada's policy reversal: The Canadian government rescinded its digital services tax as part of broader trade negotiations, indicating Canada's desire to maintain access to US markets rather than companies fleeing to Canada [1] [2]
  • Corporate relocation patterns: While US companies do relocate for tax advantages, the evidence suggests movement to countries like Ireland for lower corporate tax rates, or domestically from high-tax states like California to low-tax states like Texas [4] [5] [6]
  • Beneficiaries of relocation narratives: Different stakeholders benefit from promoting various relocation stories - tax reform advocates benefit from highlighting domestic state-to-state movement, while international tax haven discussions serve different policy agendas [4] [5] [6]

3. Potential misinformation/bias in the original statement

The statement appears to contain significant factual inaccuracies:

  • Lack of specificity: No specific companies are named, making the claim unverifiable
  • Contradicts current evidence: Recent trade developments show Canada making concessions to US interests, not attracting US companies away [1] [2] [3]
  • Unsupported numerical claim: The specific number "6 big companies" is not substantiated by any available evidence
  • Timing issues: The claim runs counter to current trade dynamics where Canada is actively working to maintain favorable relationships with US businesses

The statement may reflect outdated information or confusion with other corporate relocation trends that involve movement within the US or to other international destinations, but not specifically to Canada.

Want to dive deeper?
Which US companies have relocated to Canada in 2025?
How does Canada's corporate tax rate compare to the US?
What are the main reasons for US companies moving to Canada?
Can US companies avoid US taxes by relocating to Canada?
How does the US-Canada trade agreement affect business relocation?