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Fiscal Policy

Our Position

Canada needs a strategic plan for long-term economic growth—one that includes a competitive tax system that encourages effort, saving, investment and risk taking by businesses and individuals. The tax system should be as simple as possible to minimize administration and compliance costs. Fiscal policy must also focus on reducing government debt, as savings realized from lower interest payments would make room for budget initiatives that can improve Canadians’ standard of living and quality of life. On the spending side, governments must improve the efficiency and effectiveness of government programs/services and focus on areas that enhance productivity and competitiveness.