Canada's mountainous tax burden threatening long term investment

Sep 14, 2018 | Jeremy Goldfarb


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A nation's ability to remain competitive globally relies heavily on its ability to attract foreign investment to foster domestic productive activity. Canada's tax system (Ontario is an excellent example) has become burdensome to the extent that it is threatening to shave meaningful points off national productivity. Now, these factors tend to balance out in the long term, however coupled with the inter provincial, and federal squabbles as it relates to pipelines, the drag is already being felt.

 

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Jeremy