1.

Record Nr.

UNINA9910131156103321

Autore

Clemens Jason

Titolo

Canadian provincial investment climate report / / Jason Clemens

Pubbl/distr/stampa

Chicoutimi : , : J.-M. Tremblay, , 2006

ISBN

1-55441-954-9

Edizione

[two thousand six edition.]

Descrizione fisica

1 online resource (49 pages)

Collana

Classiques des sciences sociales

Disciplina

332.673

Soggetti

Investments, Foreign - Government policy

Investments, Foreign

Lingua di pubblicazione

Francese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Executive summary--Introduction--1 Overview of the Investment Managers Survey--2 Provincial Investment Climate Index--3 Comparing the Index of Provincial Investment Climate and the Investment Manager Survey, 2004--Conclusions and recommendations--Appendix A: Methodology--Appendix B: : Review of scholarly research on each component--Notes--References--About the authors & Acknowledgments.

Sommario/riassunto

The allocation of investment capital, both internationally and domestically, is increasingly acknowledged as a leading contributor to a jurisdiction's economic success or failure. It is, therefore, critical to have objective, empirical measurements that document differences in investment climates.  The Provincial Investment Climate Index is an important step in creating empirical measurements of investment climates. Specifically, the Provincial Investment Climate Index quantitatively evaluates public policies that create and sustain positive investment climates.   The basis of the Index is the Investment Managers Survey (IMS) Series undertaken by The Fraser Institute between 1994 and 2004. The IMS regularly surveyed Canada's leading money managers on a host of issues, including provincial investment climates and the policies that contributed to positive and negative climates. The policies identified in those surveys (1998-2004) were used to create the Provincial Investment Climate Index.   Provincial Investment Climate Index   The Provincial Investment Climate Index is



calculated based on seven measures: Corporate income tax, Fiscal prudence, Personal income tax, Infrastructure, Corporate capital tax, Flexible labour markets, and Regulatory burden. These measures were assessed by the IMS respondents as having an important influence on the creation and maintenance of a positive investment climate.   Canada's two western provinces, Alberta and British Columbia, topped the rankings for the Provincial Investment Climate Index. Alberta ranked first with a score of 8.7 out of 10 and was clearly Canada's top province [Exsum figure 1, Exsum table 1]. British Columbia followed in second place with a score of 6.7 out of 10. Ontario ranked third with a score of 5.9. Manitoba was the only other province to garner an overall score (5.4) in excess of 5.0. All of the remaining six provinces received scores below 5.0 with Quebec placing last overall with a score of 3.5, indicating it had the most unfavourable investment climate in Canada.