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Wenonah Bradshaw



Articles by Wenonah Bradshaw

Reaction: Trudeau proposes surtax on big bankS, insurance profits

August 29, 2021

It has been a relatively low key federal election campaign so far, with a surprising amount of convergence on some key issues by the major parties. As a bit of blip, Liberal Leader Justin Trudeau pledged on August 25 that a returning Liberal government would raise the corporate tax rate on the profits on all banks and life insurance companies, profits in excess of $1 billion. Further, these fin institution would pay a fee over a four-year period, a “Canada recovery dividend”.

The announcement is not surprising as some, including myself, see it as inevitable, for reasons discussed below. It will also likely be one of those campaign announcements that will face an up-hill battle in implementation, much like a proposed wealth tax. Despite a electoral mandate to carry it out, I

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Finance Minister Bill Morneau on the Dangers of Bank of Canada Funding

February 17, 2017

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