MGM102H5 Chapter 8: Chapter 8- Role of Government.docx
Document Summary
Government affects business government activities that affect business may be divided into 6 categories: crown corporations: there are hundreds of such companies, and they play an important role in the economy, crown corporations sometimes compete with for profit 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 taxes, the gst, sales taxes, and property taxes. Primary responsibility= to ensure and support country"s economic performance: trade regulations (interprovincial and international, incorporation of federal companies, taxation (both direct and indirect, the banking and monetary system, national defense, unemployment, immigration, criminal law, fisheries. Feel impact of farmers on many sectors like transport and communities wheat and barley, dairy products and poultry: the canadian wheat board, canadian dairy commission, canadian egg marketing, chicken farmers of canada, canadian turkey marketing agency, canadian broiler hatching egg marketing agency.
