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Canadian Provincial Investment Climate: 2008 Report

Type: Research Studies
Date Published: December 4, 2008
Research Topics:
Entrepreneurship, Government Performance
The allocation of investment capital, both internationally and domestically, is increasingly acknowledged as a leading contributor to a jurisdiction's economic success or failure. It is, therefore, critical to have objective, empirical measurements that document differences in investment climates. The Provincial Investment Climate Index is an important step toward creating empirical measurements of investment climates since it quantitatively evaluates public policies that create and sustain positive investment climates. The Provincial Investment Climate Index includes seven components: (1) Corporate income tax (CIT), (2) Fiscal prudence, (3) Personal income tax (PIT), (4) Transportation infrastructure, (5) Corporate capital tax (CCT), (6) Labour market regulation, and (7) Burden of regulation.
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