Hockey Canada’s strategy of deflecting serves no one but its disgraced leadership

Hockey Canada’s strategy of deflecting serves no one but its disgraced leadership

Witnesses Scott Smith, Hockey Canada President and Chief Operating Officer, left, and Hockey Canada Chief Financial Officer Brian Cairo, appear at the standing committee on Canadian Heritage in Ottawa on Wednesday, July 27, 2022.Sean Kilpatrick/The Canadian Press Awhile back, I had a job in a movie theatre. The theater at the foot of an atrium … Read more

Budget closes loophole for financial institutions trading in dividend stocks

Budget closes loophole for financial institutions trading in dividend stocks

The federal government plans to tweak tax laws to remove the breaks given to big financial institutions that are benefiting from complicated hedging strategies on dividend-paying stocks. The budget released Thursday calls it the “double-deduction loophole,” which allows some Canadian financial institutions to use “hedging and short selling arrangements in aggressive tax planning strategies.” By … Read more