‘Are we a country that can build things anymore?’ Why big business in Canada is so worried — Down to Business podcast
Canada’s big businesses are worried the country is falling behind.
Despite the relative resilience of Canada’s economy, the business community is anxious about attracting capital as the country slips in global ranking related to ease of doing business and competitiveness. They’re concerned Canada is not seen as a place where things get done, especially given challenges building pipelines and Encana’s recent relocation to the United States.
On this week’s episode of Down to Business, host Emily Jackson discusses these concerns with Goldy Hyder, president and chief executive of the Business Council of Canada. His organization represents the CEOs and heads of 150 leading Canadian businesses, including heavy hitters across industries like Bombardier, TD Bank, and Rogers Communications.
And they have a to-do list for the new government. In a new report, big businesses are asking for simplified taxes and regulations; new foreign policy; natural resource and climate strategies; more infrastructure and more immigration.