The four main components to strengthen the Canadian economy star-news.press/wp

Whatever the result of federal elections on Monday, the next government has had to rebuild the Canadian economy, to deal with the trade war with the United States.

Business Community Heavy Goods Vehicles Home of generations For Canada. In recent weeks, the federal aspects proposed different perspectives and solutions.

Here is the revival of economic growth, the country needs so much resurrection.

Accelerate energy projects

Donald Trump’s administration threatened and unpredictable, the Canadian Energy sector wants to improve the country’s infrastructure in the country, but he says many regulatory barriers.

A General Manager From TC energy, François Poirier believes that Canada has a single chance to strengthen his economic sovereignty, build its economy and recover its position on a global scale.

We can achieve this by ensuring energy safety and allowing our allies to reduce emissions, thanks to the export of liquefied natural gas in Canada, to replace coal, more pollutedMr. Poirier supports.

At the beginning of the campaign, General Manager The largest companies in the energy sector have signed an open letter to accelerate some energy projects asking for the use of their special powers National interest.

The development of the evaluation of the impact of the Federal Government and the prohibition of oil containers on the west coast must be developed and simplified. Regulatory processes must be simplified and decisions must face judicial lawsuitsWe can read this letter.

Both major aspects commit to speed up the process of accepting energy projects.

Conservatives are particularly promise National Energy Corridor And set up an office that would allow for approval of projects in less than a year. Liberals, on their part, are committed to creating the decision-making of decisions in two years.

Eliminate interprorcal obstacles

It is a long time problem: it is easier for Ontario to buy wines than France or New Zealand wines. The situation is the same in different aspects of our economy.

If the pressures and provincial exemptions complicate home trading, even if he signed a pan-in-pan-in-pan agreement eight years ago, it is now raised to lift the obstacles as soon as possible.

It is easy to resolve and should be a priority, Richard Dias, launches macroeconomic strategy ICECAP Active Management. It is a fool that these gaps should not exist.

In February, the Federal Government canceled half of the Federal EXTRAPS in the Canadian free commercial agreement, from 39 to 19. Of all, there are always more than 200 exceptions, most provinces and territories.

These are, for example, labeling conditions, standard shipping and professional qualifications, which vary greatly from province to another. These administrative procedures are recommended for many merchants and the mobility of the work between the regions of the country is still very difficult.

According to the report on international funds, published in 2019, the commercial barriers between the province can cancel Canada’s leap volume within Canada.

Analysis Fmi revealed that all internal trade barriers would result in an increase Commence Per capita on a 3.8% Canadian scale. Most of the smallest provinces rose the most. The authors found Commence A province like Prince Edward Island could increase by 16%.

Make military equipment here

Liberal and conservative platforms have a plan to achieve 2% goal Commence fromBribe regarding military spending. Both parties promise to accelerate the recruitment within the Armed Force to buy new equipment and modernize the foundations of the Arctic.

On arrival of this target 2% would represent thousands of dollars in spending.

By the use you earn money, each dollar dedicated to defense in Canada will offer you approximately two jobs and about $ 2 in direct activity and indirect economic activitysays David Perry, President of the Canadian Institute of World Affairs.

Important Canadian companies are known worldwide to manufacture military equipment, such as armored vehicles, Ontario, or Quebec and Alberta mounted in London.

But also contracts of products that never built in Canada, such as submarines, would have a multiplier effect on investments.

In accordance with industrial and technology-impact policy, the companies that provide defense supply contracts must take commercial activities in Canada, a value that is equivalent to the contracts they have obtained.

Although the money intended to the United States, the American company would prevail to commit to the equivalent of this contract within the Canadian economyDavid explains Perry.

Canadian advantage in artificial intelligence

Last week at Vancouver’s talk, the first General Manager Google Eric Schmidt talked about the economic opportunities associated with artificial intelligence. According to him, there is an important obstacle that could be a Canadian advantage: energy.

Data centers that feed the toolsAlso They are very energy. I testified before the US Congress in the United States that we would need more GigawattHe said.

By the way, my answer is this: think of Canada, right? Friendly people, full of hydroelectric energy.

The artificial intelligence sector is very well established in Canada. Two of the largest names in this area – Yoshua Bengio and Geoffrey Hinton – Work at Canada Universities.

Ottawa invested 2.4 million dollars last year, an investment that will renew the liberal party.

Conservatives plan to reduce investmentsAlso And rather necessary energy supply is required. Therefore, hundreds of dollars can be invested in centers, nuclear power plants, mines, mines, tubes, data centers and much moreWe can read it in the election program.

With information on Peter Armstrong, CBC