Central to Canadian innovation prowess has been one of the world’s most stable and transparent investment climates, but recent policy changes are leading some American businesses and investors to consider whether Canada is still a good place to invest.officials and others comes at a time when U.S. businesses with decades of operations in Canada have themselves been asking hard questions about whether Canada remains an attractive destination for investment..
This despite the ongoing multilateral effort led by the Organisation for Economic Co-operation and Development and the G20 to address the tax challenges arising from the digitalization of the economy. Canadian officials have repeatedly claimed to support the multilateral process, but their actions speak louder than words.
Then there’s the Online Streaming Act, signed into law last year. It compels foreign streaming providers to further promote Canadian content beyond investments they’re making to do just that. What does – and doesn’t – constitute Canadian content depends on not so much the content itself but whether they’re produced by U.S. entities.