Tag: business investment

Ottawa Moves to Counter Effects of US Inflation Reduction Act on Its Green Initiatives

News Analysis The United States has thrown down the gauntlet with its Inflation Reduction Act (IRA), putting Ottawa under pressure to respond and avert further flow of business investment south of the border, particularly that impacting its green initiatives. But the feds are hampered by their ideology, an economist says, noting that more government-directed investment…


Australian Financial Experts Welcome ASIC’s Warning to Unlicensed Financial Influencers

Financial experts have welcomed the Australian Securities and Investments Commission’s (ASIC) warning to social media financial influencers for providing financial advice and services online without a license. ASIC stated that financial advice and services must be provided by licensees and that social media influencers, often called finfluencers, who provide financial product advice and financial services…


‘Big Bang’ Corporate Tax Reform Needed Now to Boost Business Investment: Leading Tax Expert

With light at the end of the pandemic tunnel in sight, now’s the time for a “big bang” in corporate tax reform, says Jack Mintz, one of Canada’s foremost tax and public policy experts.


The Recovery of Business Investment Depends on Certainty Provided by Governments: Report

According to Deloitte’s latest quarterly investment monitor, the pace of business investment recovery will depend on the level of certainty provided by governments. Deloitte partner and report lead author Stephen Smith said the threat of snap lockdowns present a challenging backdrop for new investment. “As businesses continue to acclimatise to the new COVID-19 normal, their…


Why Full Expensing of R&D Should Remain in the Tax Code

Commentary Ask a thousand random people what the 2017 tax reform law did, and probably none of them would tell you about full expensing of business investments—instead, they’d likely cite individual or corporate income tax reductions. And yet, the ability to immediately deduct investment expenses was one of the most important, pro-growth provisions in the…


US Core Capital Goods Orders Rise in Boost to Business Investment

WASHINGTON—New orders for key U.S.-made capital goods increased for an eighth straight month in December, pointing to solid growth in business spending on equipment in the fourth quarter and likely helping to underpin the economic recovery. Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, rose 0.6 percent last…