Thursday’s fiscal update is widely expected to include Canada’s response to U.S. President Joe Biden’s Inflation Reduction Act, which also included a one-per-cent tax on corporate stock buybacks
Environment Minister Steven Guilbeault lashed out at oil companies last week for making very limited investments in climate action even as massive profits driven by inflation allowed them to pad the wallets of shareholders.
Freeland haswarned that the government will not be able to compensate all Canadians for the rising cost of living. In a letter addressed to Freeland on Sunday, Conservative Leader Pierre Poilievre urged the government not to introduce any new taxes and to refrain from imposing new spending without making commensurate budget cuts.
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Liberals to propose corporate stock buyback tax in fall economic statement: source | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
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Liberals to propose corporate stock buyback tax in fall economic statement: sourceA senior government official says Finance Minister Chrystia Freeland\u0027s fall economic statement will propose to tax corporate stock buybacks.
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Liberals to propose corporate stock buyback tax in fall economic statement: sourceA senior government official says Finance Minister Chrystia Freeland's fall economic statement will propose to tax corporate stock buybacks in a bid to encourage companies to invest in their domestic operations and workers.
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Liberals to propose corporate stock buyback tax in fall economic statement: sourceA senior government official says Finance Minister Chrystia Freeland\u0027s fall economic statement will propose to tax corporate stock buybacks.
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Liberals to propose corporate stock buyback tax in fall economic statement: sourceA senior government official says Finance Minister Chrystia Freeland\u0027s fall economic statement will propose to tax corporate stock buybacks.
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