COMMERCE 1E03 Lecture Notes - Lecture 4: Canada Pension Plan, Canada Revenue Agency, Sharing Economy
Document Summary
Crown corporations sometimes compete with for-pro t businesses: laws and regulations. These cover a wide range, from taxation and consumer protection to environmental controls, working conditions, and labour-management relations: taxation and financial policies. All levels of government collect taxes-income, the gst, or. Taxation is also ne-tuned by government to achieve certain goals or to give effect to certain policies. This is called scal policy: government expenditures. Governments pay out billions of dollars to canadians. When these recipients spend this money, businesses bene t. All levels of government provide a host of direct and indirect aid packages as incentives to a chief certain goals. These package are tax reduction, grants, and loan guarantees: purchasing policies. Governments are very large purchase of ordinary supplies, services and materials to operate the country. Because the federal government is the single largest purchaser in canada: services.