Loblaws Accused Of Using Barbados Bank Subsidiary For Tax Avoidance

TORONTO — Loblaw Companies Ltd. and the Canada Revenue Agency faced off in a Toronto court today, the latest in an ongoing battle involving allegations that the grocery giant's Barbadian banking subsidiary was misused for tax avoidance.The case involving Barbados-based Glenhuron Bank Ltd. was the focus of the Tax Court of Canada hearing, which was largely procedural, ahead of a trial due to start on April 23.The dispute, which began in 2015 after Loblaw Financial Holdings filed an appeal,