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Provincial policies making B.C. inhospitable to investment
Appeared in the Whitehorse Daily Star, May 28, 2018 According to a new Angus Reid poll, more British Columbians think the province is on the “wrong track” than the right one. And indeed, there’s good reason to be concerned about B.C.’s policy direction. ...
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Canada has completely lost its business tax advantage over the U.S.
Many factors affect Canada’s ability to attract and retain investment, entrepreneurship, and skilled workers. Some of them—such as global swings in commodity prices—are not within the government’s direct control. But government policies ...
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B.C. government sending all the wrong signals to investors
Appeared in the Vancouver Province, March 20, 2018 Consumer spending and a hot real estate market have helped buoy British Columbia’s economy in recent years. But they have also helped mask deep-rooted economic problems including B.C.’s dismal level of ...
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Canada has a business investment problem—deal with it
It’s not as if we needed more bad news about Canada’s economic prospects. But we got it last week with the latest data highlighting the country’s weak business investment. Statistics Canada released its latest survey results on ...
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Federal budget turns a blind eye, ignores Canada's economic challenges
Appeared in the Financial Post, February 28, 2018 In the midst of serious concerns over Canada’s economic prospects, and challenges emerging from the United States, Finance Minister Bill Morneau’s 2018 federal budget does nothing to address these problems ...
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Another wake-up call for Canadian governments to improve investment climate
Suncor, one of the country’s largest energy companies, recently gave Canadian governments what should be a piercing wake-up call. CEO Steve Williams said his company won’t tackle any new major projects in Canada and his company will ...
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B.C.’s 2018 budget fails to deal with competitiveness
Appeared in the Vancouver Sun, February 20, 2018 Unfortunately one of the most important takeaways of the new B.C. government’s first full budget will likely go unnoticed—it includes major tax increases to finance major spending increases. Many economic ...
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Canada asleep at the wheel on U.S. tax reform
Appeared in the Calgary Herald, December 14, 2017 Former prime minister Pierre Trudeau once famously quipped that living next to the United States “is in some ways like sleeping with an elephant.” By this he meant that developments in the U.S. often have ...
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Reality check—this year’s uptick in economic growth has nothing to do with government policy
Appeared in the Financial Post, October 25, 2017 During Tuesday’s federal fiscal update, Finance Minister Bill Morneau (pictured above right) said higher-than-expected economic growth for 2017 is evidence that the Trudeau government’s plan is working. In ...
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Business investment down, taxes up—bad news for Canadians
With less than three months left in 2017, despite recent headlines espousing positive economic news, Canada’s economy faces many near and long-term challenges that the Trudeau government must consider as it crafts its fiscal update (due ...