OTTAWA — A business group representing 150 Canadian corporations has been lobbying federal officials for a broad-based review of the tax code, part of a wider effort to renew awareness about Canada’s waning competitiveness ahead of the looming federal election.
But executives and some politicians say Ottawa must go much further to properly address Canada’s declining business competitiveness, which they say threatens the the future of the Canadian economy. Hyder, among others, has proposed that Canada undergo a deep, structural review of the federal tax code in order to attract more capital and workers to the country. Overlapping regulatory bodies and a cumbersome tax regime have become a drag on investment in recent years, some observers say — an issue that could become ever more pressing as Canada faces a “demographic crunch,” according to Hyder.
“He said you want me to come and invest in a country in which your government bought a pipeline, it regulates it, it approved it, and it can’t build it?”
Canadian business want the same massive tax cuts Trump put in even if they might destroy the economy!
jimmygotyme This group has little credibility with me, but they make some decent points here.
jimmygotyme JustinTrudeau and Bill_Morneau did not get the message as they felt hike to CPP, forced carbon tax, C69, C48 - or
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: VancouverSun - 🏆 49. / 61 Read more »
Source: VancouverSun - 🏆 49. / 61 Read more »