Businesses don't tend to move due to corporate tax rates until it gets pretty extreme (we've seen a few cases of this with companies leaving the U.S. in recent years).  However that doesn't address what the actual effect of higher corporate taxes would be.  There are really only 3 possibilities:

1. Higher prices.  Usually doesn't happen since competition from other Provinces and other countries means companies can't raise prices.

2. Lower payments to shareholders through lower dividends or reduced capital.  This does happen and means lower personal income tax revenue and, in the long term, fewer jobs due to lower capital investment.

3. Lower wages.  Since companies can't change the price of inputs or outputs and need to pay enough returns to get investment dollars they are left cutting the only thing they have control over: employee wages.

It's worth noting that, since Canada started cutting corporate taxes in 2000 median real employee wages have increased substantially.