News of the day: Big Six Bank valuations, slow economic growth, U.S. capital flight, inflation rate on the rise, recreational property buyers, workplace conflict and more


Former Citicorp Inc. chief executive Walter Wriston once said “capital goes where it’s welcome and stays where it’s well treated.” The line has become tax-policy wallpaper. It is, nevertheless, the most useful sentence for thinking about what is unfolding in some jurisdictions, including certain states south of the border.



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