Some of Trump’s pledges could increase the competitiveness gap between the U.S. and Canada, particularly on taxes.
Most trading partners of the U.S., including Canada, employ some sort of national consumption-based value added tax.
Taxes already account for approximately 35 per cent of the price at the pump.
Study examines how fiscal policies aimed at reducing government deficits affect the economy.
The 1,000 Carrier workers are happy—the unknown future job-losers can only stuff their pink slips in their pockets and wait until next election.
Trump will likely approve the Keystone XL pipeline—a positive development for the Canadian energy industry.
With more tax credits, the government has to keep income tax rates higher to raise the same amount of revenue.
Amazingly, the federal government offers no cost estimates of more than 90 tax expenditures.