A new think tank report out this morning finds governments in Canada, including the province of Alberta, are failing to provide an attractive environment for investment.
The Fraser Institute says the collapse of commodity prices has exposed weaknesses even in province’s like Alberta which has up until recently been propelling Canada’s growth.
The think tank points out both Alberta and the federal government have raised taxes, pursued deficit spending and increased government debt.
The institute says that’s going to mean uncertainty for entrepreneurs, business leaders and investors.
The study’s author says now more than ever governments need to enact policies that attract and retain skilled workers and investors to help grow the economy.