The little-discussed threat to Canadians’ long-term prosperity

In the face of lagging business investment, there’s no guarantee the feds’ stock-buyback plan is going to be the answer.
Chrystia Freeland
Finance Minister Chrystia Freeland highlighted a new corporate stock buyback tax in last November’s fall economic statement.

OTTAWA—While inflation is still running high, the Bank of Canada’s interest-rate tightening has taken some of the steam out of the price bubble driven by tangled post-COVID supply chains, a burst in consumer demand, and Russia’s invasion of Ukraine.

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