I think truth in advertising requires one to change the name from “Advantage Canada” to “Disadvantage Canada”. The annual survey of CEOs gave the government a failing grade on business taxation in general.
I've spoken to many experts on this interest deductibility issue. They are very clear that not every European country, but most, and certainly the United States and Japan, afford this privilege to their companies. We are the boy scouts of the world. Perhaps on the grounds that in some pure sense it's better tax policy, we are crippling our own companies in competition with those players.