Alberta’s new carbon tax, and higher corporate and personal income taxes, all contribute to a poor investment climate.
From 2015 to 2017, Canada ranked second lowest among 17 comparable countries in annual investment as a percentage of GDP.
Vancouver, along with dozens of other cities, is trying to attract Amazon’s second North American headquarters.
The Wynne government plans to raise the minimum wage to $15.
Ontario’s top combined marginal personal income tax rate is 53.5 per cent.
Since 2003, manufacturing sales in Ontario have remained essentially unchanged yet increased by 20 per cent in B.C.
Business investment in Ontario is $50.9 billion this year, down from $53.8 billion before the recession.
Business owners worry about rising electricity costs.