By eliminating capital gains taxes, the government could help strengthen the incentives for people to start and grow businesses.
The rate of small business startups in Canada has declined by almost 13 per cent since the early 2000s.
Demographics and Entrepreneurship blog series: Understanding how demographics adversely affect entrepreneurship
Crucially, creativity is maximized in early adulthood and declines afterward.
The share of Canadians between the ages of 30 and 39 has declined 16.6 per cent since the 1980s.
By 2047, the costs of OAS and GIS will increase by an estimated 47 per cent.
Health-care costs are expected to increase by 57 per cent by 2045.
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, prosperous economy.