This problem is also a Canadian concern. A May 2015 survey of high-impact Canadian firms revealed that "finding employees to expand and scale their business ranks as one of the top challenges identified by entrepreneurs." Lower and less progressive taxation would help attract and retain highly specialized labour.
"There are lies, damned lies and statistics" is the well-worn phrase, but nothing better sums up the recent Fraser Institute scare mongering about taxes being the single largest budget item of Canadian households -- as catchy as the headlines may be, it is alarmist spin. Such biased economic exercises raise a fundamental question: Just what indicators should we be using to keep score on Canada's economic performance?
Simon Kuzents, the economist who developed the GDP measurement, warned it was not a good meter stick for national well-being. Still, that's exactly how the GDP has been used globally since the 1940s. GDP is the total value of all the goods and services a country produces in a year. So, creating jobs and producing equipment to clean up an oil spill, for example, adds to the GDP. As does producing guns and bombs for war. GDP is blind to factors like unemployment, living conditions and environmental degradation. Make sense? Not really. Whether it's genuine progress, national happiness, or a system that blends the best of both, the global community must agree on a more holistic way to measure our nations' progress that doesn't just count the money we make.
Canada's energy sector service and equipment exporters are in for tough times, and cash flows for oil and gas exporters will tighten significantly. This is already beginning to spill red ink on Canada's trade and fiscal statistics. However, Canada's non-energy sector exporters should see a substantial boost.
Then there is the matter of political competition for higher office. There is no such a thing in Rwanda. Members of genuine opposition are either in prison, exile or mysteriously die in and outside Rwanda. Leader of the Unified Democratic Forces party, Victoire Ingabire, who was barred from running for presidency in 2010 is in prison.