The Trudeau government sees the government itself as the driver of prosperity, and the private sector, including entrepreneurs, small business owners and investors playing a secondary role.
The top combined personal income tax rate now exceeds 50 per cent in eight provinces.
Governments can ease regulations that inhibit would-be startup companies from raising financial capital.
Lower business taxes tend to result in higher wages for employees.
The rate of small business startups in Canada has declined by almost 13 per cent since the early 2000s.
Foreign direct investment in Canada has dropped 56 per cent since 2013.
Vancouver, along with dozens of other cities, is trying to attract Amazon’s second North American headquarters.
Deficits and debt, uncompetitive personal income tax rates, and the decline in business start-ups.