Unlocking Canadas Economic Potential Boosting Business Investment and Productivity

One major factor is a lack of business investment Canadian businesses invest far less for worker compared to their American counterparts It's not just one reason but there's a significant one – taxes Canada has higher taxes on businesses and households which means less money for investment Americans enjoy higher disposable incomes attracting more business investment To achieve this Canadian workers need to be more productive Our productivity levels have fallen behind significantly with American workers now nearly 40% more productive than us One way to boost business investment is by reducing corporate and income taxes To compensate we could increase sales taxes similar to European countries creating more spending power for households and businesses Now let's talk housing.

#CanadaEconomy #Inflation #ProductivityGap #HousingCrisis #TaxReform #AffordableHousing #RedTape #EconomicChange #CanadianWorkers

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