5 Minutes for Business: Business Costs and Canadian Competitiveness—We’re Not Crying Wolf
With every tax increase, the hands of Canadian business have no choice but to dig deeper and deeper in the same pocket. Initially, these tax hikes may not appear significant, but overtime, the burden accumulates drawing on the last straw. Canada, you’re a pricey place to do business. In this edition of 5 Minutes for Business, Hendrik Brakel, Senior Director, Economic, Financial and Tax Policy, considers how the high costs of doing business in Canada affect the country’s competitiveness. These concerns were expressed in a recent letter to the Prime Minister, composed by our President and CEO and his provincial and territorial colleagues.