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By David Ljunggren and Nichola Saminather OTTAWA (Reuters) -Canada s ruling Liberal Party said on Wednesday that if re-elected it would raise corporate taxes on the most profitable banks and insurers to help pay for the cost of the COVID-19 recovery. The Liberals said they would hike the rate to 18% from 15% on all earnings over C$1 billion ($793 million) and vowed to establish a special dividend, so that those same institutions contribute more. The measures are expected to generate C$2.5 billion per year over four years, starting in 2022/23. Polls show the Liberals, led by Prime Minister Justin Trudeau, have a slender lead over their Conservative rivals ahead of the Sept. 20 election. Given that our banks have posted extraordinarily large profits, have continued to be incredibly successful, including through a pandemic . we re going to ask them to do a little bit more, Trudeau told a campaign event in British Columbia on the same day that two banks reported big profits. British Columb

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