The bank not only made a point of emphasizing the potential effects on trade, but also the potential
damage on business investment caused by uncertainty itself.
In a keynote speech at the World Economic Forum in Davos, Switzerland, Prime Minister Stephen Harper scolded his G7 peers for their spendthrift ways and boasted of the benefits we've reaped from our fiscal rectitude: the best debt - to - GDP ratio, the lowest tax
rate on business investment, the world's best banking system.
The
emphasis on business investment is significant because Poloz had been skeptical about the extent to which Canadian executives were ready to re-engage after years of weak commodity prices and mediocre demand.
Still, Canada's politicians should keep in mind that uncertainty about trade policy is
weighing on business investment, and therefore murmurs of trade wars will do nothing to build confidence.
Instead, they offer piece meal «nickel and dime» strategies including cutting small business taxes (not helpful)-RRB-, providing renovation tax credits in the future (definitely not helpful), extending accelerated
depreciation on business investment (hasn't helped so far), and new incentives for research and innovation (very expensive incentives already exist).
But it's also important for Canada as a whole, given the implications for national income and interprovincial trade, as well as the industry's sizable
influence on business investment.
FrontFundr is a fully compliant, registered exempt market dealer (EMD) and conducts stringent due
diligence on all business investment deals presented to its investor community, and ensures both investors and entrepreneurs understand the risks and rewards associated with entering into a transaction.
Nor have we yet deployed a comprehensive set of policies to support the rebalancing of the U.S. economy toward a growth path based
more on business investment, trade and broad - based income gains than the type of asset price gains and credit - fuelled consumption, which dominated the last business cycle.
Second is re-nationalisation of the Royal Bank of Scotland (RBS), creating a public interest bank
focused on business investment, channelling credit to fledgling businesses and SME's.
However, as uncertainty about the future of NAFTA is weighing increasingly on the outlook, the Bank has incorporated into its projection additional negative
judgement on business investment and trade.»
Specifically, reductions or eliminations of some tax preferences — like accelerated depreciation — would increase effective marginal tax
rates on business investment.
Delaying the implementation of new rules on passive investments held by private corporations, to allow for a detailed economic analysis of the impact
on business investment and growth.
«Recent experience with targeted tax credits clearly illustrate their positive impact
on business investment, creation and retention of jobs, increased economic activity and, ultimately, increased state and local revenues.»