Opinion: Higher capital gains taxes would threaten living standards

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Opinion: Higher capital gains taxes would threaten living standards
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Opinion: Higher capital gains taxes would threaten living standards — via fpcomment

Consider that since 2014 business investment has declined by 3.1 per cent. If we exclude residential development and only look at investment in such things as factories and plants, investment is down 22.5 per cent, and investment in machinery and equipment is down 2.9 per cent. Simply put, Canadians have been suffering a dearth of business investment for almost a decade.

analyzing the growth prospects for its 32 member countries over the 2020-2030 and 2030-2060 periods concluded that Canada would record the lowest level of per-person growth in GDP in both periods.Article content

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