Canadian Businesses Say Tax Hike Risks Deeper Productivity Slump [BNN Bloomberg (Canada)]
Shopify Inc. Class A Subordinate Voting Shares (SHOP)
Last shopify inc. class a subordinate voting shares earnings: 2/12 07:00 am
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Source: BNN Bloomberg
In a bid to raise billions of dollars to help pay for policies to correct a housing crisis which has turned off younger voters, Finance Minister Chrystia Freeland announced the government will tax Canadian companies on two-thirds of capital gains, up from half currently. The change will also apply to individual taxpayers with annual gains over C$250,000 ($181,000). The rules included some exemptions for entrepreneurs and the sale of a primary residence. But some businesses said the approach could worsen what the Bank of Canada's No. 2 official last month called a productivity “emergency.” Canada numbers rate poorly thanks to weak investment in machinery, equipment and intellectual property, the bank's senior deputy governor Carolyn Rogers said. The Canadian Manufacturers & Exporters trade association said Tuesday's tax measures “threaten to dampen Canada's already weak investment performance” and deter investment. The Canadian Federation of Independent Business, which represents
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SHOP
News
- DMi Partners Introduces New Shopify Conversion Optimization Service to Help Brands Drive Performance and Revenue Growth [Yahoo! Finance]Yahoo! Finance
- Shopify: Inflection Point Likely Arrived As Fears Peaked (Rating Upgrade) [Seeking Alpha]Seeking Alpha
- Shopify Inc. (NYSE: SHOP) was upgraded by analysts at Citigroup Inc. from a "neutral" rating to a "buy" rating. They now have a $105.00 price target on the stock, up previously from $93.00.MarketBeat
- Monday's analyst upgrades and downgrades [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Shopify (SHOP) Rises Higher Than Market: Key Facts [Yahoo! Finance]Yahoo! Finance
SHOP
Earnings
- 2/13/24 - Beat
SHOP
Sec Filings
- 3/22/24 - Form 144
- 3/22/24 - Form 144
- 3/22/24 - Form 144
- SHOP's page on the SEC website