The legislation includes subjective criteria including the “social impact” of energy investment and its “gender implications."
B.C. has seen relatively low levels of capital investment in productivity-enhancing assets.
The relative size of government in Canada is well beyond the “optimal” size for promoting productivity growth.
Canada's ranking has plummeted in global competitiveness report cards.
The Trudeau government sees the government itself as the driver of prosperity, and the private sector, including entrepreneurs, small business owners and investors playing a secondary role.
Investment in machinery, equipment, factories, intellectual property and other assets declined by 17.3 per cent.
More than $185 billion in net investment left the country from 2014 to 2019.
The Trump administration has repeatedly promoted mercantilist industrial policy.
More than 60 per cent of families in the bottom 20 per cent pay higher income taxes today because of the discontinued tax credits.