There’s increasing evidence of a relationship between entrepreneurship and age. Younger people are less risk-averse than older people, and more prone to question the status quo. These characteristics are fundamental to entrepreneurism. So how can government influence entrepreneurship to mitigate these demographic effects?
Government Spending & Taxes
Despite gloomy post-recession pronouncements from some analysts, slow economic growth is not preordained in Canada.
In Alberta, to cushion the blow from falling revenues, some claim higher taxes will balance the books. How soon we forget. Alberta tried that in the late 1980s. It didn’t work.
According to a Fraser Institute study released in February, between 2004/05 and 2013/14, the Alberta government’s program spending jumped to $43.9 billion from $29 billion.
Columnists reveal bias on municipal spending and taxation.
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