Government of Canada

Government of Canada

February 22, 2011 11:29 ET

Baird Reaffirms Canada is Best Place to Invest

Harper Government's Low-Tax Plan Creating Jobs and Growth

OTTAWA, ONTARIO--(Marketwire - Feb. 22, 2011) - The Honourable John Baird, MP for Ottawa West - Nepean and Leader of the Government in the House of Commons, today highlighted the economic growth and jobs created by the Harper Government's low-tax plan. The Government emphasized its support for keeping taxes low and freer trade, which open markets and attract investment.

Speaking at CH2M HILL in Ottawa, Minister Baird said, "The economy remains our Government's number one priority. We are keeping taxes low for job creators to grow our economy and create jobs for Canadian workers."

The remarks came as CH2M HILL Canada's President announced the company plans to triple its Canadian operations in the next four years.

"Our head office in Denver knows that Canada is a place to grow and is investing accordingly," said Thomas G. Searle, President of CH2M HILL Canada. "Lower corporate taxes are attracting global attention and investment that will help us hire and grow our Canadian business in a major way."

CH2M HILL currently employs 1,100 people in 10 offices across Canada, including its Ottawa operation.

The Canadian Manufacturers and Exporters say that lower business taxes mean more jobs and increase the per capita income of Canadian workers.‪

"Over the next couple of years, the jobs created as a result of federal and provincial tax cuts will lead to further investment in new products, new technologies, research and development, machinery and equipment," says Jayson Myers, President and CEO of the Canadian Manufacturers and Exporters. 

"Through our consultations with Canadians across the country, we have repeatedly heard that if we want more jobs, higher wages and an improved standard of living, Canada needs to be the most attractive place for job creators to do business and invest," said Baird.

"CH2M HILL's growth is proof positive of what we've said all along: keeping taxes low for job creators is one of the best ways to grow our economy and create jobs over the long term." 

The Harper Government is highlighting the advantages of Canada's open markets and low taxes for job creators, which encourage global business investment. These advantages include:

  • the lowest overall tax rate on new business investment among the major developed economies (G-7);
  • the lowest debt and deficit of those major economies; 
  • the world's soundest banking system, according to the World Economic Forum;
  • among the fastest economic growth in the G-7, which is projected to continue into the future, according to the International Monetary Fund;
  • the most skilled workforce, with the highest proportion of post-secondary graduates in the Organisation for Economic Co-operation and Development;
  • eliminating tariffs on manufacturing inputs and equipment, which will make Canada the only tariff-free zone for industrial manufacturers in the G-20 by 2015;
  • the most generous research and development tax incentives in the industrialized world; and
  • an outstanding quality of life, with safe streets, a high standard of living, universal health care, a sound educational system and a beautiful natural environment.

"We are ensuring that hard-working Canadian entrepreneurs have greater opportunities to grow their businesses by reinvesting in them. That's helping businesses create more and better-paying jobs, which is good news for the economy and good news for Canadian families," said Baird.

Since taking office in 2006, the Harper Government has pursued an ambitious free trade agenda. In just five years, Canada has concluded free trade agreements with eight countries: Colombia, Peru, Jordan, Panama and the four member states of the European Free Trade Association: Iceland, Liechtenstein, Norway and Switzerland, and is currently in negotiations with close to 50 countries. The Harper Government is also negotiating economic partnerships with two of the world's largest economies: the European Union and India.

For more information on Canada's Economic Action Plan, visit www.actionplan.gc.ca.

Contact Information

  • Office of the Hon. John Baird
    Chris Day
    Director of Communications and Issues Management
    613-995-7226
    or
    CH2M Hill Canada
    Lou Riccoboni
    613-723-8700, ext. 71340
    or
    Department of Finance
    Jack Aubry
    Media Relations
    613-996-8080