Monday, December 16, 2019

SELF-PRAISE WILL NOT RELAUNCH OUR ECONOMY

Pierre Poilievre:  Audacity is a thing to behold. The Prime Minister has responded to the steady stream of job losses, insolvencies and dropping investment with his same old triumphal talking points and self-admiration. It is reminiscent of the Greek legend Narcissus, who fell so in love with his own image that he drowned trying to kiss his reflection in the water. Where he died, grew a beautiful narcissus daffodil in his place.

Taxes and red tape at all levels of government are driving money away. Deloitte reports that it takes 249 days to get approval to build a warehouse in Canada, three times longer than the 81 days it takes in the United States. We are ranked 63rd in the world for the time and cost of construction permits. Carbon and payroll tax hikes have made business more expensive and anti-resource development laws (C-48 and C-69) have made much of it impossible. If money cannot get to work here, it will get to work elsewhere.

Canada must become an enterprise zone, by fixing the tax system so it rewards rather than punishes work and investment; replacing tax-funded corporate welfare with lower taxes for all, so businesses profit by having the best product, not the best lobbyist; and freeing entrepreneurs from red tape, so they can build more, hire more and do more.

No comments:

Post a Comment