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Toronto-Dominion Bank’s chief executive said Thursday that the corporate tax rate increase targeting financial institutions announced in last week’s federal budget "could lead to unintended consequences.
TORONTO - Bank of Montreal leaders were asked during the bank's annual shareholder meeting Wednesday if they would "consider a court challenge" after the federal government directed financial institutions in February to freeze accounts of individuals connected to the trucker convoy that took over downtown Ottawa for weeks.
TORONTO — The federal budget tabled Thursday includes a smaller-than-expected tax hike for financial institutions, but bank CEOs say a corporate tax rate increase will hurt Canada's competitiveness on the global stage. Thegovernmentannounced a 1.
TORONTO - The federal budget tabled Thursday includes a smaller-than-expected tax hike for financial institutions, but bank CEOs say a corporate tax rate increase will hurt Canada's competitiveness on the global stage.
TORONTO — Royal Bank of Canada's chief executive officer said Thursday that an "orderly transition" to a net-zero economy is crucial, as he faced questions about the bank's climate strategy and ongoing financing of fossil fuels during its annual shar