MGM102H5 Chapter Notes - Chapter 8: John A. Macdonald, Canadian National Railway, Canadian Confederation
Document Summary
Chapter #8 role of government in business. Government activities that affect business: and property tax affect financial position of businesses. Crown corporations compete with other businesses. Laws and regulations laws for taxation, working conditions, etc. Taxation and financial position income taxes, gst, sales tax, Government expenditures tax reductions, grants, loans, etc. Purchasing policies governments purchase many goods and. Services training citizens, bringing companies to canada, etc. materials to operate the country. In early canada the national policy was developed by sir john a. National policy government directive that placed high tariffs on imports from the united states to canadian manufacturing which had higher costs. Canada also wanted to create a railroad from coast to coast. Governments also play roles in fiscal policies, monetary policies, and expenditures. Crown corporation company owned by federal of provincial government (i. e. lcbo) They provided new services (i. e. air canada, canadian national. They provided special services that could not otherwise be available.
