How long is Canada prepared to wait?The Business Council of

As well, the Americans have increased the pace of capital expense write offs for machinery and equipment.Business groups and corporate leaders were hoping Finance Minister Morneau would address these challenges in the federal budget on Wednesday, but were left disappointed.Asked what the budget would do to make Canada energy sector more competitive, Crescent Point Energy CEO Scott Saxberg was blunt.much, he said Thursday. Understanding of competitiveness, obviously with this budget and just in general, hasn got to the federal level yet. Tax situation and recognizes the importance of Canada remaining competitive.But there was no firm promise to respond.How long is Canada prepared to wait?The Business Council of Canada pegs the combined average federal and provincial tax rate at 26.7 per cent, almost three percentage points above the world advanced economies.

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