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Bloomberg.com: National Bank CEO Urges Radical Tax Cuts to Compete with US
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Heartspace News Desk
•Source: Bloomberg.com
Photo by Howard Bouchevereau on Unsplash
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Key takeaways
- According to Bloomberg
- com, National Bank of Canada CEO Laurent Ferreira has called on Prime Minister Justin Trudeau to consider substantial tax cuts and deregulation in strategic sectors
- The proposed measures aim to improve Canada's productivity and global competitiveness, particularly relative to the United States
According to Bloomberg.com, National Bank of Canada CEO Laurent Ferreira has called on Prime Minister Justin Trudeau to consider substantial tax cuts and deregulation in strategic sectors. The proposed measures aim to improve Canada's productivity and global competitiveness, particularly relative to the United States.
Speaking at the Canada Fintech Forum in Montreal, Ferreira advocated for specific policy changes, including a "zero tax policy" for strategic manufacturing and defense procurement, arguing these initiatives would significantly strengthen Canada's economic position.
Related Topics
tax cutsderegulationNational Bank of CanadaMark Carneyeconomic competitivenessfintechCanada
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