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Fraser Institute ranks Saskatchewan as the second best province to invest in
OTTAWA — Alberta has the friendliest investment climate among Canadian provinces, while Ontario continues to struggle, according to a report released Thursday from the Fraser Institute.
The report lauded Alberta for its low taxes on companies and people, careful spending at the provincial-government level and lack of red tape.
"With Canada`s lowest corporate and personal income taxes, most flexible labour market, smallest government and relatively low level of red tape, Alberta continues to offer an investment climate that is the most attractive nationwide," said Charles Lammam, senior policy analyst with the Fraser Institute.
Ontario, however, was criticized for having high corporate taxes and a lack of fiscal prudence in its provincial government. After being given the top ranking in this survey in the early part of the last decade, it now stands at fifth.
Filling in the spots between Alberta and Ontario were Saskatchewan in second place, British Columbia third and New Brunswick fourth.
Read the full article here.
OTTAWA — Alberta has the friendliest investment climate among Canadian provinces, while Ontario continues to struggle, according to a report released Thursday from the Fraser Institute.
The report lauded Alberta for its low taxes on companies and people, careful spending at the provincial-government level and lack of red tape.
"With Canada`s lowest corporate and personal income taxes, most flexible labour market, smallest government and relatively low level of red tape, Alberta continues to offer an investment climate that is the most attractive nationwide," said Charles Lammam, senior policy analyst with the Fraser Institute.
Ontario, however, was criticized for having high corporate taxes and a lack of fiscal prudence in its provincial government. After being given the top ranking in this survey in the early part of the last decade, it now stands at fifth.
Filling in the spots between Alberta and Ontario were Saskatchewan in second place, British Columbia third and New Brunswick fourth.
Read the full article here.