RSM100Y1 Lecture Notes - Lecture 10: Canada Deposit Insurance Corporation, Ontario Securities Commission, Kyoto Protocol
14 Mar 2016
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Document Summary
Many roles of government in the economy and society. We explored the role of governments in setting and carrying out, fiscal and monetary policies the goals of which are to balance: These roles play a powerful role in creating the economic environment in which businesses operate. Historically governments also play 3 other key roles in their interactions with the business community: Governments as customers of goods and services. Governments as regulator of certain business activities. Government as a provider of social and business infrastructure. 3 major layers of government in canada. Many municipal and regional governments, some are very large and important (city of toronto is larger than several canadian provinces) Federal and provincial governments obtain revenues through personal income taxes, corporate income taxes, sales taxes, tariffs and duties. Most municipal income comes from property taxes. Many powers of different levels of government divided under constitution ( british. Federal government - defense and foreign policy, regional redistribution.
