(Reuters) – Canada on Tuesday exposed a brand-new tax on rich people that will bring in billions of dollars over the next 5 years to assistance fund realestate programs developed to win over a dissatisfied citizen base.
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COMMENTS
HANNA ZAIDI, VP OF PAYMENTS STRATEGY, WEALTHSIMPLE
“Canadians pay some of the greatest banking costs in the world. A significant open banking system puts Canadians — not their bank — in control of their monetary information and can make life more budgetfriendly.”
“All celebrations in the House of Commons concur: it’s time for action to lower the expense of banking for Canadians. The upgrade in today’s Budget is welcome and we hope it is completely executed quickly so that Canadians can enjoy the advantages.”
FERNANDO MELO, FEDERAL DIRECTOR, CANADIAN RENEWABLE ENERGY ASSOCIATION
“The one (item) I’m really pleased to see is the Indigenous loan assurance. That’s going to be an outright game-changer for Indigenous business and neighborhoods that are attempting to get included in the renewabl