Ruling in Cameco tax case tied to sale of Russian uranium puts billions at stake, CRA says

The federal government claims billions in taxable income could be wrested from its grasp if the Supreme Court of Canada does not intervene in Ottawa’s thus-far unsuccessful dispute with uranium producer Cameco Corp. Saskatoon-based Cameco and the federal government have been fighting for years over whether or not around $480 million in profit earned by a Switzerland-based subsidiary of the company should instead be...