Entrepreneurship

Keldon Bester, Executive Director of the Canadian Anti-Monopoly Project, argues that Canada’s productivity slump will not be solved by tax incentives alone. Driving real investment will require stronger competition for markets and workers, including opening concentrated sectors, breaking down incumbent barriers, and creating the wage pressure that pushes firms to invest in productivity.

"Ten days into the first pandemic lockdown, already an eternity for thousands of Canadian business owners forced to shut their doors, Prime Minister Justin Trudeau used one of his daily televised updates to “speak directly to small businesses and entrepreneurs”, expressing what would become a hopeful and recurring sentiment in the ensuing months."