BeaverFever BeaverFever:
Here's why:
$1:
Tackling deficit no longer top priority, CEOs say
By RICHARD BLACKWELL
From Monday's Globe and Mail
With economic recovery well under way, executives say investment is key to maintaining the momentum
On the eve of a federal budget, Canadian executives say the economic outlook is strong enough that Ottawa shouldn't make paying down the deficit its top priority - instead it should look for ways to reinforce the recovery by putting money into training, infrastructure and R&D.
... Almost three in five executives said investing in education and training should have a high priority in the budget, while 52 per cent said investing in research and development is key. Transportation and infrastructure were a top priority for 42 per cent of those who responded, while attacking the deficit came in fourth place - a high priority for 39 per cent of executives...
http://www.theglobeandmail.com/report-on-business/managing/c-suite-surveys/tackling-deficit-no-longer-top-priority-ceos-say/article1949230/I would agree with those executives, but I'd like to see them put up some of their own money for those things. Industry should be spending it's own money on training, instead of expecting the govt to do it or always asking for more immigrants to get trained people for free. Train em yourself, the way you want them, and then have good policies in place to retain the people you trained. It will benefit your business.
Same with R&D - industry needs to be investing in that. But, since we have a corporate welfare mentality in Canada, that doesn't happen.
Transportation and infrastructure tho, should be provided by the govt.
Alternatively,
raise the corporate tax rate to pay for training and R&D. Can you imagine the howls of outrage if the govt did that?