Economists warn tax hikes are on the table in Tuesday's budget [Globe and Mail, The (Toronto, Canada)]
Canadian Imperial Bank of Commerce (CM)
Last canadian imperial bank of commerce earnings: 2/26 05:53 am
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Source: Globe and Mail, The
Last week, she reminded reporters that the government has previously raised taxes on the wealthy to give a tax cut to the middle class. She said her government's credo in 2015 was “supporting the middle class and those working hard to join it” and it hasn't changed since then. “Our belief is we need to invest in middle-class Canadians, support middle-class Canadians and we will not be raising taxes on the middle class,” Ms. Freeland said at the Thursday news conference. Derek Holt, Bank of Nova Scotia vice-president and head of Capital Markets Economics, said that “in plain speak,” this means others face tax hikes. “Freeland basically said ‘Yes there will be some forms of tax hike,' if you read between the lines,” he said in a Friday note. Bank of Montreal senior economist Robert Kavcic was less declarative than Mr. Holt but in a recent note said a wealth tax and targeted corporate tax changes “would be on brand for the current government.” Meanwhile Canadian Imperial Bank of
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News
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CM
Earnings
- 2/29/24 - Beat
CM
Sec Filings
- 4/29/24 - Form 424B2
- 4/29/24 - Form 424B2
- 4/29/24 - Form 424B2
- CM's page on the SEC website