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Rhetoric vs. reality—the Trudeau government’s dismal record on business investment
Appeared in the Financial Post, February 11, 2021 Business investment—in factories, machinery, equipment and new technologies—remains vital to the prosperity of any country. “If businesses don’t invest, to create great jobs,” said former Trudeau finance ...
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Capital gains tax hike would be disastrous for economic recovery
Appeared in the Toronto Sun, February 3, 2021 As the Trudeau government prepares its 2021 budget, the first in almost two years, policymakers in Ottawa must make important decisions about Canada’s taxes and how best to promote economic growth and ...
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What happens when Canada ignores incentives and competitiveness
Appeared in the Winnipeg Free Press, February 5, 2019 Anecdotes of Canadian firms leaving or diverting investments outside the country have continued unabated from 2018. The federal and many provincial governments seem reluctant to acknowledge this ...
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Canada has fallen asleep and must wake up—fast
Appeared in the National Newswatch, November 19, 2018 In the classic Aesop's Fable, a slow-moving tortoise challenges a self-assured hare to a race. Immediately, the hare jumps out in front and becomes overconfident. He naps halfway through the race ...
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Competitiveness should be a top priority for finance ministers
Serious concerns about the country’s competitiveness hovered above talks this week at the federal-provincial finance ministers meeting in Ottawa. Which is not surprising. Canada has become a less appealing place to do business due to ...
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The finance minister said what? Part 2
Federal Finance Minister Bill Morneau (pictured above) recently appeared on BNN Bloomberg and made a number of incredibly worrying statements indicating that he (and the federal government) are either wholly misunderstanding the ...
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The finance minister said what?
Coming out of an emergency cabinet meeting earlier this week, ostensibly called to deal with the watershed announcement that Kinder Morgan was halting all “non-essential” spending on its Trans Mountain pipeline despite regulatory and ...
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Trump reforms lay bare Canadian policy missteps
Prime Minister Trudeau has stated unequivocally that he won’t reduce Canadian taxes to remain competitive. ...
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Key policy areas for the new finance minister: Part 2—top tax rate
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 ...
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Is Canada the World's Best Place to Invest?
Appeared in the Financial Post, July 23, 2003 Is Canada really the worlds best place to invest? The Economist Intelligence Unit (EIU) a division of The Economist magazinethinks so. According to a recent survey by the EIU, Canada ranks first out of 60 ...