A senior government official says Finance Minister Chrystia Freeland\u0027s fall economic statement will propose to tax corporate stock buybacks.
The source spoke to The Canadian Press on the condition they not be named because they were not authorized to discuss the contents of the fiscal update publicly.Sign up to receive daily headline news from the Ottawa SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
The government is expected to use the update as an attempt to signal its fiscal responsibility as inflation runs high and a potential recession looms. Federal party leaders have used the upcoming fall economic statement as an opportunity to push for their priorities.Article contenttap here to see other videos from our teamIn a letter addressed to Freeland on Sunday, Conservative Leader Pierre Poilievre urged the government not to introduce any new taxes and to refrain from imposing new spending without making commensurate budget cuts.
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