Canada's resources minister said the new tax rate will drive investment in commodities. The cut to 6.4%, half the US rate, is already in effect.
Sentimentbullish 65
Bullish · 65 of 100
Impact40
low · stays off the top drivers
Confidence80%
high confidence · 3 wires
Eventdeveloping
v3 · alerts feed only
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WHY IT MATTERS••••••••••Market transmission and exposed assetsBULL / BEAR CASE•••• / ••••Competing evidence, edited togetherNEWS ON PRICE••.•% reactionConfirmation versus SPY and sectorWHAT TO WATCH•• catalystsThe facts that can change the read
BORSAPLUSWhy it matters · Bull and bear case · Reaction against SPY and the sector · What to watch
Canada cuts marginal effective tax rate on new business investment to 6.4%neutral 50 · impact 40 · this page
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