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Canada to impose 2% share buyback tax

The Canadian government will impose a 2% tax on firms carrying out share buybacks from the start of 2024.

Canada to impose 2% share buyback tax Canada to impose 2% share buyback tax Canada to impose 2% share buyback tax Canada to impose 2% share buyback tax Canada to impose 2% share buyback tax

Canada to impose share buyback tax

Share buybacks have become a popular way for well-funded leading North American mining companies to bolster their share prices and reward investors.