will poho

For those who want more facts see @EconguyRosie -> “Canada has now endured a decade of virtual stagnation in real per-capita incomes, productivity and growth in the private-sector capital stock, as well as unprecedented net direct investment outflows.” “Productivity in Canada is in a secular decline — that is not on Trump. Productivity growth is basically flat over the past year, and that compares to two per cent in the U.S. and, get this, almost 10 per cent in Ireland.” “The Canadian government has built up such a machinery that it represents 26 per cent of GDP. The business sector now commands around a 10 per cent share, which is about three-quarters of what it is in the U.S.” “I wonder if most Canadians know, or even care, that business taxation in this country amounts to nearly five per cent of GDP. It is barely more than two per cent in the U.S., less than three per cent for many countries in Europe, and we have the dubious honour of being the highest in that respect for all G-10 countries.” “Mark Carney talks about initiatives to drive internal demand dynamics, but this is really all just a case of nibbling around the edges and smoke and mirrors. One year it’s a temporary GST holiday, and now it’s tax breaks on electric vehicles. Talk about bringing a butter knife to a gunfight.”