Innovation sector under tariff war needs more protection and diversified trade partners, says business adv ...

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Innovation sector under tariff war needs more protection and diversified trade partners, says business adv ...
FinanceForeign PolicyInnovation
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The Hill Times

A trade war with the United States poses an “existential crisis” for Canada’s innovation sector, with experts arguing that mitigation strategies, such as doubling down on intellectual property and increasing trade diversification, will be key to weathering the storm. “Tariffs are focused very primarily on the tangible economy.

And then the last thing would be… reductions in corporate taxes and personal income tax rates to improve our competitiveness.” Liberal leadership candidate and MP Chrystia Freeland has plans to scrap changes to the capital gains tax if she were to become prime minister as a way to counter Trump’s tax policies, according to a report by Global News on Jan. 22, citing a source close to Freeland.

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