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Reddit mentions of How We Can Win: And What Happens to Us and Our Country If We Don't

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Reddit mentions: 1

We found 1 Reddit mentions of How We Can Win: And What Happens to Us and Our Country If We Don't. Here are the top ones.

How We Can Win: And What Happens to Us and Our Country If We Don't
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Found 1 comment on How We Can Win: And What Happens to Us and Our Country If We Don't:

u/loiterbat · 7 pointsr/CanadaPolitics

The depressing thing about this sort of stuff is it’s completely drowned out by crowing over tax competitiveness with the US.

Backing “we must lower taxes” as the One True Way to improve Canadian competitiveness and economic success is lazy, facile Reaganite pablum.

We should really be thinking about labour productivity and encouraging our businesses to scale up and become globally competitive. Tax incentives like SR&ED taper off really quickly and mostly just subsidize small business.

High labour productivity is good for everyone (and is often driven by large firms who can benefit from economies of scale), and Canada is just mediocre. In 2017 we came in just below Spain/Italy, and more than 20% lower than Germany/Netherlands/France.

And we should open up our small, sleepy local markets to international competition and give ourselves an incentive to achieve (e-commerce and telecom would be good places to start). This would be good for consumers immediately, and though it might be tough for legacy businesses to adapt, it would leave them and the entire market better off in the long term.

But here we are, in 2018, having barely even willed ourselves into a single domestic market on account of embarrassment over CETA. And those who purport to be friends of business just beg for lower taxes.

I’d encourage anyone interested in Canadian competitiveness to read https://www.amazon.ca/How-We-Can-Win-Happens/dp/073527259X. It’s pretty sobering.