Bank of Montreal chief executive Darryl White said Canada’s tax rates need to be more competitive for its economy to grow and to attract international investors. Photo by Cole Burston/Bloomberg files
Canada needs a “little less conversation and a little more action” as it looks to remove interprovincial trade barriers and build new projects to negate the impact of United States tariffs on its economy, says Bank of Montreal ‘s chief executive.
“I am worried that the air goes out of this balloon,” Darryl White said at the Toronto Global Forum on Wednesday. “Are we competitive on tone? Are we competitive on tax? I know the answer to that is absolutely not, and that’s not being talked about enough.”
There has been a lot of conversation in recent months about how the tariffs should