Ottawa\u0027s tax plan is expected to increase federal revenues by $2.1 billion over five years. Read more.
At a news conference Thursday, Freeland said she believes the share buyback tax is better than a “windfall” tax on energy companies, such as the ones imposed by the United Kingdom and European Union. Canada itself has imposed specific levies on financial institutions including banks and insurers, noting that government initiatives helped them remain were profitable throughout the COVID-19 pandemic.
“What that tax does is it create an incentive to do precisely what we want to see big Canadian companies doing… taking their profits and investing them in the productive capacity of Canada,” she said.Article content
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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U.S. Federal Reserve delivers another big rate hike: Read the official statementRead the U.S. Federal Reserve\u0027s officials after it raised interest rate by 75 bps to fight inflation
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U.S. Federal Reserve delivers another big rate hike: Read the official statementRead the U.S. Federal Reserve\u0027s officials after it raised interest rate by 75 bps to fight inflation
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Canada to admit 1.4 million immigrants in three years to address labour shortagesOttawa\u0027s new selection tools will better target sectors that have the highest need for labour. Read more.
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Canada to admit 1.4 million immigrants in three years to address labour shortagesICYMI - Canada to admit 1.4 million immigrants in three years to address labour shortages — via financialpost
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Aggressive Bank of Canada rate hikes could add more strain on Ottawa’s debt servicingBank of Canada\u0027s mission to stomp out inflation risks triggering a recession that could put greater strain on Ottawa\u0027s finances. Read on.
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