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Blog series part 2—Incomes, overall income economy grew more slowly under Liberals than before 2008-09 recession
In the first part of this blog series, we outlined the Trudeau government’s tax and spending policies. In this second part of the series, we look at the results of these policies and their effects on Canadians and the overall economy. The ...
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Trudeau government should kill rumours about capital gains hike
Appeared in National Newswatch, May 21, 2020 At a time when the country faces momentous economic challenges, it’s hard to think of a more damaging policy than a capital gains tax hike. Yet rumours persist that prior to the COVID crisis and economic ...
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As the economy reopens, Canada must address its competitiveness problem
Over the coming months, governments across Canada are expected to begin reopening the economy now that the COVID-19 curve has “flattened,” and the focus will shift towards designing policies that improve the economy. However, a number of ...
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Private Sector Capital Expenditures in Canada: An Industry-Level Analysis
There has been much debate recently about Canada’s industrial competitiveness compared to other developed countries, particularly the US. In particular, concerns have been raised about recent declines in private sector capital expenditures, especially in ...
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Ottawa must act to help restore Canadian competiveness
Appeared in the Winnipeg Sun, October 29, 2018 As the fall economic update from the Trudeau government quickly approaches, there’s increasing anxiousness with respect to what, if any, measures the government will introduce to improve competitiveness, ...
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Capital Investment in Canada: An International Comparison
Capital investment contributes to economic growth and higher standards of living through its link to increased labour productivity and technological change. The growth rate of overall capital expenditures in Canada slowed substantially from 2005 ...
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Capital Investment in Canada: Recent Behaviour and Implications
The growth of overall capital investment in Canada slowed substantially from 2005-2017 compared to earlier periods—and was lower than in virtually any period since 1970. Further, the share of business investment in total capital investment ...
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Fed’s show worrying disinterest in private-sector investment and entrepreneurship
Appeared in Maclean's, March 7, 2018 Evidence continues to mount that confidence in Canada as a destination for business investment and entrepreneurship is in steep decline. Given the importance of business investment and entrepreneurship to economic ...
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Business Investment in Canada Falls Far Behind Other Industrialized Countries
This bulletin provides an overview of business investment in Canada: why investment is important, its recent performance, and how it compares with other industrialized countries. Business investment is central to long-term economic growth and ...
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William Watson: The business of Canada depends on business
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. ...