Far-reaching impacts on the Canadian economy and an attempt
to return to competitiveness.
With less than a year to go before the next federal election,
much has been made of the politics of the Finance Minister's
Fall Economic Statement. Just as important is the statement's
practical impact on Canadian businesses and the economic dimensions
of this series of announcements.
On November 21, Canada's Minister of Finance provided
Parliament with his Fall Economic Statement 2018 (Statement). Aside
from the annual Federal Budget itself, the Statement is the federal
fiscal calendar's most important spending announcement. Not
only does it contain hundreds of millions of dollars in new
spending aimed at the business community, it also hints at
regulatory changes that will reverberate across all sectors of the
economy. Sectors impacted are as diverse as the agri-food and
aquaculture industries, extractive industries and banking.
