Scotiabank CEO pushes for child-care, business grants and freer provincial trade to help Canada escape '2% growth trap'

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Call for three policies to promote economic growth and employment come before federal budget next week

Canada is not the only advanced economy experiencing this trend, Porter said, with “convenience and complacency” among the chief reasons why.

Porter said Scotiabank has been researching and pushing for such moves for some time, and that they are proposing three policies that would boost economic growth, employment and prosperity. The first policy being pushed by Scotiabank has to do with child-care, with the lender’s CEO saying that more often than not it is women who shelve their career goals to ensure this is provided., and he noted the lender is recommending an annual top-up of $5,000 per child to the federal Canada Child Benefit, which provides a monthly payment to eligible families that depends on their income.

 

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yes more corporate welfare.. why don't these billionaires first provide for their own employees?

Agreed - this before Air Canada bailouts.

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