Canada ranks 17th of 22 advanced economies on business formation—and the leaders all followed the same playbook
🤖 D.R.A.F.T. Summary
Canada ranks 17th of 22 advanced economies on business formation
# Editorial Summary This submission argues that Canada's poor business formation rate (17th of 22 advanced economies) stems from reversing the proven policy sequence: other leaders established competitive framework conditions (low corporate taxes, light regulation, open markets) before deploying targeted supports, while Canada layers boutique credits onto a deteriorating tax and regulatory base. The piece excels in comparative international evidence and concrete policy specifics (Estonia's distributed-profits tax, Ireland's rate cuts, Singapore's temporary exemptions), though it relies heavily on a single metric (business formation rate per capita) without addressing whether quantity correlates with business quality, survival rates, or job creation—potential vulnerabilities if challenged on causation versus correlation.
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