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Ottawa urged to ban CEO bonuses if company received wage subsidy
Tuesday, January 5th, 2021
[The CCPA] believes that Canada should follow other developed countries like Spain and the Netherlands that explicitly prohibit bonuses and dividends if they receive wage subsidies. It also wants to exclude companies from substantially increasing executive salaries to prevent them from bypassing restrictions on bonuses… The CCPA also thinks Ottawa should introduce a top marginal tax bracket to help pay for the large deficit caused by its response to COVID-19.
Tags: economy, featured, ideology, standard of living, tax
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