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Friday, February 27, 2026

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Innovation and the budget: much policy left on the table

Following on the work of the Advisory Council on Economic Growth, the 2017 budget was long billed as the 'Innovation Budget'. While the Trudeau government’s plans to boost innovation were said to have been trimmed somewhat by uncertainty surrounding the economic impact of the Trump presidency, the budget still contained innovation investment. Economist Jack Mintz breaks it down. 

Finance Minister Bill Morneau, pictured March 22, 2017. The 2017 budget wisely avoided raising capital gains taxes. With potential U.S. tax, trade and regulatory reforms in 2017, it will likely be the case that the next budget will have more meaningful impact on innovation by reducing regulatory and tax barriers in Canada, not raise them. Let’s hope that will be the case. The Hill Times photograph by Jake Wright
Opinion
BY JACK M. MINTZ
April 24, 2017
Opinion | BY JACK M. MINTZ | April 24, 2017

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