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Liberals’ new bank surcharge tax on profits over $1 billion could be implemented by start of 2022

Liberals’ new bank surcharge tax on profits over $1 billion could be implemented by start of 2022

The Globe and Mail | James Bradshaw | Nov 15, 2021 Canada’s major banks are expecting larger tax bills in 2022 as a new surcharge on financial institutions’ profits over $1-billion could be pushed through by Ottawa as soon as the start of 2022. In late August, during the federal election campaign, the Liberal Party promised


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