Growth of U.S. government spending and borrowing might crowd out private-sector investment in the U.S. from Canada.
Political pressures surrounding attempts to attract or sustain investment from high-profile foreign businesses can be overwhelming.
The appointment of Bill Morneau as minister of finance is particularly interesting because of his involvement in the world of public policy think-tanks. In recent years, the Fraser Institute and the C.D. Howe Institute (where Mr. Morneau recently served as Chair) have both produced important research that provides insights that can help guide the policy decisions of the new finance minister on a number of different files. This series of blog posts will highlight a number of key policy areas where Mr. Morneau’s think-tank experience can be especially useful.
There are clear parallels between the campaigns and governing approaches of President Obama and the Trudeau Liberals.
Business investment is no longer the driving force of capital formation in Ontario. In its place, investment by the public sector has nearly doubled.
U.S. President Calvin Coolidge said in 1925 that “The chief business of the American people is business,” a line often mis-quoted as “The business of America is business.” No Canadian prime minister has ever dared be so pro-business.
As everyone from the Manitoba-Ontario border to Tofino knows, the local and provincial economies, which depend on resource extraction, have slowed.
Business investment decisions are of course complex. Among the many factors that a company considers before deciding where to set up operations, expand, or relocate are a jurisdiction’s regulatory burden, market proximity, labour availability, and transportation infrastructure.
News that Burger King and Tim Horton’s are merging and that the new company will be headquartered in Canada has taken the business and political world by storm. U.S. politicians and left-of-centre groups denounced the transaction as “tax dodging” and warned of a public backlash against the well-known burger chain.
Each week, millions of Canadians learn about the trials and tribulations of entrepreneurship while being entertained by one of the country's most successful television shows, CBC's Dragon's Den.