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The Implications For Canada Of U.S. Tax Reform

Mar. 02, 2018 4:40 AM ETFXC, EWC, CNDA-OLD, EWCS, QCAN, FCAN, HEWC, FLCA1 Comment
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  • What impact will the budget have on the average Canadian?
  • Will the value of the loonie change?
  • Does U.S. tax reform make Canada less competitive?

Ottawa has unveiled the federal budget, but critics say it did little to enhance Canada's competitiveness at a time when the U.S. has had significant tax reform. Brian DePratto, Senior Economist, TD Bank Group, weighs in on the implications and how Canada may be lagging behind in competitiveness.

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Comments (1)

With the anti progress government in power in BC, Ontario and Ottawa , Canada will sink deeper and deeper into debt. Corporations are shedding Canadian assets in record numbers.
Tax reform in the US will benefit the US economy , they are reducing taxes . The bone heads in Ottawa raised taxes on corporations , small businesses and individuals , they are even going after service workers tips. Red tape, high electricity costs and ridiculous tax rates will kill the country and it will drown under the welcoming of anyone who wants to cross the borders into Canada. Most cannot speak English or French and have no job skills . Canada has a clown as PM.
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