Liberals should listen to IMF: scrap promise to further cut small business tax rate

It’s expensive, a waste of money and, the IMF says in a new report, it can even be counter-productive.

If Finance Minister Bill Morneau’s new advisory council on innovation, led by Dominic Barton of McKinsey & Co., is doing its job, it will add its voice to that of the IMF, as well as a study published by the C.D. Howe Institute, in pointing out that a small business tax cut will do little to improve Canada’s innovation performance. It would be a lousy return on investment. The Hill Times photograph by Jake Wright


PUBLISHED : Monday, April 11, 2016 12:00 AM

If you are already a subscriber

Subscribe to The Hill Times

Subscribe to the print and electronic editions and get instant access to The Hill Times online.

Quick Purchase

Purchase this week's edition of The Hill Times in electronic format (PDF) for $5.00.

Quick Purchase

Purchase Story Issue in electronic format (PDF) for $5.00.