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  1. I don’t understand why canada is so resource rich yet nothing can be done without outside investment. Why? Can we not do anything with it all? We have the tools to be a very successful nation it is a shame it’s all going to waste. If we aren’t going to use these vast resources we have I would rather they be protected instead of auctioned off to global investors. Personally anyways

    This canada Inc. stuff makes me very nervous. But I’m sure everything will be very ethical and above board and transparent. Hopefully there’s no Blackrock conflict with that recent hiring

  2. The biggest pathways & impediments to investment & productivity gains sadly lie in the province’s purview right now (internal trade). Though hopefully if they don’t liberalize enough on their own Ottawa can further encourage them to remove the remaining barriers with some transfers or some other kind of agreement while there’s still political momentum to do so etc.

    Fixing investment and productivity problems will mainly be tied to both interprovincial trade and the effectiveness of our housing policy reforms to ease restrictive zoning policies, though there’s room for additional policies obviously. One I think would be a good idea would be Ottawa and the provinces reforming corporate and business tax systems to be more like the Estonian model focusing on distributed profits . (no tax incurred on retained or reinvested profits, but taxes are charged immediately once profits are distributed to shareholders etc. This would generally encourage more direct investment into employees and businesses to make them more productive and have significantly less distorting effects on wages than the vanilla corporate tax system that unintentionally effects them somewhat)

  3. pssdthrowaway123 on

    Is it actually a reliable place to invest though? We have a quasi-democracy system now where many stakeholders are involved in and have to sign off on developments. Any small group could stall or veto a project. That is by definition a relatively hard place to invest in.

  4. TrappedInLimbo on

    I can’t wait for all the rich capital owners to make even more money. I’m sure that will trickle down to us at some point right.

    >“It’s a little bit like a large public company holding their investor day.“

    I am so glad we have a prime minister who wants to treat our country like a business. Famously it always works out great for the average person to have a CEO instead of a leader.

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