"The Conservative government will use the throne speech and budget to allow for more foreign investment in Canada and fewer bureaucratic hurdles to business, a senior government official said Tuesday. It's also expected to include policies aimed at reducing the regulatory burden, luring foreign investors, relaxing foreign ownership restrictions, and recruiting foreign talent.
Prime Minister Stephen Harper and his cabinet believe Canadian business has relied on a low dollar over the past 20 years to compete internationally rather than investing in equipment and technology needed to become more productive."
"Private sector non-residential capital investment is only expected to increase by 2.8% in 2010. This is despite expectations of an increase in pre-tax corporate profits of 15% this year and 16.5% next year, according to RBC’s latest forecast .
After tax corporate profits are set to rise even faster, with Harper and Flaherty’s corporate tax cuts giving up $8.6 billion in revenues this year, rising to almost $15 billion in 2013/14."