Vat Tax in canada?

[footi gupt]

Hello
someone told me to open a bank account in canada because in canada tax rate is almost equal to free.
Is it true.?
If you know any other country where tax rate is very less do please tell me.
Thank you

 

[myshufflemix]

I think its 5%. There are also countries that offers 0%.

 

[deadpool]

Wow 0-5%! Is it true? So, is Canada a tax haven?

 

[RamsayB]

Canada is indeed a tax haven. But I have a few friends who migrated to Canada and they say that the cost of living in Canada is higher than other countries.