OTTAWA — Porter Airlines’ CEO is fighting the CRA over a six-figure tax bill linked to an unsuccessful incursion into “high risk” trading in the early months of the COVID-19 pandemic that cost him over $5.7 million.

Porter Airlines’ CEO is fighting the CRA over a six-figure tax bill linked to an unsuccessful incursion into “high risk” trading.{ai:summary}Porter Airlines' CEO is contesting a six-figure tax bill from the CRA related to a failed trading venture during the early COVID-19 pandemic, which resulted in a loss exceeding $5.7 million. The dispute highlights the financial challenges faced by executives during the pandemic. #economy

Porter CEO battling CRA over tax bill from 'significant losses' from 'high-risk' pandemic trading

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