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Canadian Imperial Bank of Commerce (CIBC)
Symbol CM
Shares Issued 904,692,428
Close 2022-09-21 C$ 62.45
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Globe says CIBC, rivals see Poilievre pass on crypto

2022-09-21 08:10 ET - In the News

Also In the News (C-BMO) Bank of Montreal
Also In the News (C-BNS) Bank of Nova Scotia
Also In the News (C-NA) National Bank of Canada
Also In the News (C-RY) Royal Bank of Canada
Also In the News (C-TD) Toronto-Dominion Bank

The Globe and Mail reports in its Wednesday, Sept. 21, edition that Pierre Poilievre used his first Question Period as Leader of the Official Opposition to criticize the Liberals on inflation and the fact that many Canadians cannot afford a place to live. The Globe's Bill Curry writes that in his opening round of questions, Mr. Poilievre repeated some of his campaign warnings that the cost of living has risen to the point that young people cannot afford to start a family or leave their parents' basements. Mr. Poilievre urged the government not to raise Employment Insurance premiums, Canada Pension Plan contributions and the federal carbon price in 2023. "Will the government cancel these tax hikes so that Canadians can afford to eat, heat and house themselves?" he asked. Mr. Poilievre did not repeat his controversial leadership campaign proposals to fire the Governor of the Bank of Canada and to encourage Canadians to "opt-out of inflation with the ability to opt-in to crypto currencies." Mr. Poilievre's questions on inflation and taxes were responded to by a range of Liberal ministers and MPs, who said the Conservative leader promotes risky policy advice on inflation and wants to make polluting free.

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