Canada unveils tax incentives to offset Trump effect


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OTTAWA – Canada on Wednesday unveiled billions of economic measures aimed at boosting poor corporate spending and countering the risk of investment losses for the United States as a result of the Trump administration's tax reform.

The initiatives, contained in the Liberal government's economic update in the fall, are an effort to respond to repeated warnings from Canadian corporate executives that US corporate tax rate cuts and related incentives put in place last January threaten to put Canada at a competitive disadvantage. .

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