But with no adjustment to the passive income rules, some companies will remain shut out
Financial institutions will also have to pay a one-time Canada Recovery Dividend on 2021 taxable income over $1B
The deal aims to make sweeping changes to how big multinational companies are taxed, deterring profit stashing
The plan involves raising taxes on corporations and the wealthy, using the funds to expand government programs
Analysts say companies would find ways to mitigate the effects
Clients' concerns range from broad social and fiscal spending to potential tax changes
Advisors will be watching for taxes targeting high earners, capital gains and wealth inequality
Here’s what's been proposed for financial institutions, taxes, housing and more
The proposed top tax rate would revert to 39.6% on couples earning more than $450,000
The party would also cap the small business tax rate at 9% but raise the corporate tax rate to 21%