top of page
Policy Area
Priority Level
Last Updated
Banking
Short-Term
January 21, 2024
The Policy
The RPC will add a 10% surtax on commercial bank profits.
Credit unions, caisses populaires, and co-ops meeting strict requirements of customer profit sharing will be exempt from this surtax.
The Research
Our Broader Stance on:
Fast, reliable, and easy transactability powers modern commerce, allowing businesses to adapt quickly to rapidly-changing market and economic conditions. To ensure the banking sector doesn't limit the Canadian economy's ability to compete globally, we must ensure our banking system continues to be at the forefront.
Related Content
bottom of page