"A top priority must be repairing Canada’s seriously damaged global competitiveness, including overhauling our uncompetitive tax regime
Regulatory issues and an uncompetitive tax regime are crippling Canada's competitiveness, a Senate committee report warns.
The federal government has understandably had its hands full in recent months.
The legalization of cannabis was one major public policy file that was consuming a lot of energy, the NAFTA renegotiation another.
Now that these issues are largely behind us, the government is able to tackle other pressing issues.
And not a moment too soon.
Sen. Doug Black, of Alberta, persuasively argued in the Financial Post this week why a top priority must now be repairing Canada’s seriously damaged global competitiveness.
Sen. Doug Black, of Alberta, persuasively argued in the Financial Post this week why a top priority must now be repairing Canada’s seriously damaged global competitiveness.
Good-news stories about cannabis jobs springing up in once-moribund small towns and the sincere relief at a new NAFTA deal should not obscure a far more serious economic story.
As the senator notes, “investors are fleeing the country. Major energy projects are dead or dying. It’s not just money leaving Canada … businesses and individuals are heading south in favour of a warmer investment climate.”..."
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