Ottawa Should Confront the Failure of Corporate Tax Policy
Mark Carney stands at a crossroads: continue corporate tax breaks, or deliver an industrial strategy that distributes income more equally among Canadians.
Mark Carney stands at a crossroads: continue corporate tax breaks, or deliver an industrial strategy that distributes income more equally among Canadians.
Canada needs to look beyond the immediate crisis to identify the key building blocks of a new economy on a sector by sector basis.
Canada’s corporate bailouts need to cut out tax dodgers and profiteers, and show long-term commitments are attached to the money.
In this new age of corporate concentration, we certainly need a much broader response than competition policy alone.
History is replete with examples of botched public-private projects which left governments on the hook for high costs and for losses, and public agencies do have the capacity to make good decisions.