VANCOUVER—Eliminating, or at least lowering, Canada’s uncompetitive tax rate on capital gains is the best policy for encouraging entrepreneurial financing, which is critical for new business startups, finds a new book released recently by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
The book, Demographics and Entrepreneurship: Mitigating the Effects of an Aging Population, spotlights declining growth rates in small business startups, a key measure of entrepreneurship, and explores policies to encourage and enhance entrepreneurship.