Advertisement Story continues below This advertisement has not loaded yet, but your article continues below. Try refreshing your browser, or Trudeau's bank tax could backfire and make buying a home even more expensive Back to video Trudeau said last week that if re-elected, his government would increase the tax rate on bank and insurer profits above $1 billion (US$793 million) to 18 per cent from the current rate of 15 per cent, raising $2.5 billion over the next four years. Advertisement Story continues below This advertisement has not loaded yet, but your article continues below. Why would they accept a bank tax if they didn't have to and they could just pass it through? Share this article in your social networkAdvertisement Story continues below This advertisement has not loaded yet, but your article continues below.

Source: National Post August 31, 2021 15:56 UTC