Ottawa could boost business investment, and raise living standards, by making some reforms to the business tax structure, according to a recent study by the non-profit think tank Fraser Institute.
Boosting Canada’s Competitiveness by Reforming Business Taxation looks at three changes the institute says Ottawa could make to the business taxation system and make the country more attractive to investors. By improving investment, productivity will increase and so will the standard of living for Canadians, says the report.
“The lack of business investment in Canada is alarming, but reforming our business taxation model is one way the country can begin to dig itself out of this crisis,” report author Trevor Tombe said in an Oct. 10 news release….