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Two fiscal freight trains hurling toward Ottawa
The annual deficit from a recession could increase from its current level of $19 billion to almost $50 billion. ...
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Stemming the demographic tide on U.S. entrepreneurship
Appeared in Calgary's Business, June 20, 2018 Entrepreneurship is part of the American DNA and broadly recognized as the basis for improved living standards through innovation and technological progress. Unfortunately policymakers in Washington and ...
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Stemming the demographic tide on entrepreneurship in the U.K.
Appeared in CapX—Centre for Policy Studies, May 18, 2018 Entrepreneurship is widely acknowledged as the basis for innovation, technological advancement and economic progress—and subsequently, a driving force for improved living standards. Yet there’s ...
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Demographics and Entrepreneurship: Mitigating the Effects of an Aging Population
Entrepreneurship is widely acknowledged as the basis for innovation, technological advancement and economic progress—and subsequently, a driving force for improved living standards. Yet there’s little discussion, let alone action, among governments in ...
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Ontario no longer an economic magnet for newcomers
Appeared in the Toronto Sun, July 6, 2016 Ontario was once a magnet for immigrants as well as Canadians from other provinces seeking greater economic opportunity. People came to Ontario for its good jobs and high incomes. In return, Ontario benefitted ...
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Insights from Quebecers voting with their feet
Appeared in the National Post, June 29, 2016 Observing patterns in how Canadians chose to leave one province for another is a powerful way to gauge what’s working and what’s not. Uprooting one’s family, disposing of assets, searching for a new job, and ...
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Interprovincial Migration in Canada: Quebeckers Vote with Their Feet
The movement of people from one place to another, migration, can be a powerful indicator of a jurisdiction’s success or failure. One of the reasons migration is such a powerful indicator is the high cost involved for people who move from one jurisdiction ...
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Capital gains tax reform may mitigate Canada’s damaging demographic trends
Number of new start-ups per 100 incumbents, various size of firms, 2001-2012. Business startups and entrepreneurship drive productivity and economic growth. However, the rate of business startups in Canada is on the wane, falling 16.2 ...
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Entrepreneurship, Demographics and Capital Gains Tax Reform in Canada
A number of prominent Canadians, including Bank of Canada Governor Stephen Poloz, have raised concerns about the state of business start-ups and entrepreneurship in Canada. There is no question that entrepreneurship is critical to a well-functioning, ...
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Entrepreneurship, Demographics and Capital Gains Tax Reform
Business start-ups, and entrepreneurship more generally, drive productivity and economic growth. But the rate of business start-ups in Canada is declining. Since it peaked in 2004, the rate of business start-ups as a share of existing firms has declined ...