Investment
Liberal
Keep moving forward with our plan to boost business investment by allowing privately owned, Canadian-controlled businesses to immediately expense up to $1.5 million of growth-enhancing investments, including in areas like software, patents, and machinery.
— Forward. For Everyone., retrieved 2021-09-02
NDP
- Update the Investment Canada Act to limit takeovers of Canadian companies by foreign investors without national security reviews.
- Shut down the Invest in Canada agency and create iCanada.
The pandemic has shown the critical importance of domestic manufacturing. Without it, Canada has struggled to get necessary personal protective equipment and vaccines. For the security of all Canadians, we can’t leave this to chance. That’s why New Democrats will develop comprehensive industrial strategies to incubate and expand critical domestic manufacturing capacity and supply chain infrastructure including for auto, aerospace, shipbuilding, construction materials, pharmaceuticals and personal protective equipment
New Democrats will begin by strengthening and modernizing the Investment Canada Act to protect Canadian jobs and undo the damage done by the Liberal government that allows more takeovers of Canadian companies by foreign investors without national security reviews. We’ll scrap the failed Invest in Canada agency and create iCanada, a one-stop shop inside the federal government to help attract investors to Canada and turn their plans into reality – and champion Canadian industry on the international stage.
— Ready for Better, retrieved 2021-08-27