"We want to see initiatives that bring the private sector back into the economy and investing in the economy. We live in a world where capital is becoming increasingly sparse; there's a lot of competition for capital out there,"
"Canada has a million different business subsidy programs, most of which don't deliver and have huge staff head counts behind them,"
"We've always felt that broad-based tax relief and regulatory relief would have much greater economic impact —"
Business leaders present a wide-ranging wish list for the upcoming federal budget, seeking measures to improve the investment environment, reduce uncertainty, and enhance access to capital. Industry voices argue that targeted supports for businesses can spur private-sector investment and help improve Ottawa's fiscal position by driving growth. The government plans a budget that combines cost-cutting with new investments while balancing fiscal restraint against support needs arising from U.S. tariffs. The parliamentary budget officer forecasts a sharp annual deficit increase to $68.5 billion. Small businesses prefer broad-based tax and regulatory relief over numerous targeted subsidy programs.
Read at www.cbc.ca
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