Finance committee  You're right that many things influence business decisions, but how can the federal government influence the stability of the U.S. government? You can't, but you can control corporate taxation at the federal level. Yes, it does affect productivity a lot. The science behind it is

Finance committee  I think it is definitely the case; there's no question. In some industries, the oil industry, for example, especially out in western Canada, it's important to remember that if the U.S. goes through with its corporate tax reduction, the new rate of 20% will apply in most economica

Finance committee  They put us further behind in terms of wages. They put us further behind in terms of growth. They also put us further behind in terms of revenues for the government. They will definitely have a big effect, and I think it's important to keep in mind that this is coming. While I un

Finance committee  It's widely accepted that, when you tax a certain behaviour, the frequency of that behaviour decreases. For instance, my colleagues in the CSN are calling for inequalities to be taxed in order to reduce inequalities. It would make more sense to acknowledge that taxing investment

Finance committee  It's really too bad. After all, a pipeline is nothing more than liquid travelling through a pipe. People need to stop fearing pipelines. They rely on sophisticated and, yet, very simple technology. We already have numerous pipes carrying liquid in numerous locations. People need

Finance committee  It raises all kinds of questions around investment in infrastructure projects. Investment in infrastructure is important in the long term. In Canada, we tend to think only in terms of the initial investment and, for the most part, in terms of the federal investment, but there are

Finance committee  Thank you for your question. A lower tax rate in the United States will simply make large mergers easier, similar to when Burger King merged with Tim Hortons in Canada. That was partly thanks to our slightly lower corporate tax rate. If the United States was to drop its rate, tr

Finance committee  It has a major impact. If we look at economic history and what has happened since 2000, the answer is more complicated and will depend on certain facts. The effects of any given situation sometimes take some time before they are felt. Businesses have to have time to adjust and m

Finance committee  Briefly, I would answer that the United States has many other things to offer companies. Among the World Bank Doing Business indicators, income tax is the only point on which Canada leads the United States. They have other assets to offer. The corporate tax rate is something we

Finance committee  Thank you for the opportunity to be here. For its part, the Montreal Economic Institute will focus on tax policy, an issue that is central to productivity. Canada has long trailed the United States in terms of wealth, largely as a result of lower productivity. One of the factors