Ontario Community Newspapers

Waterloo Chronicle (Waterloo, On1868), 1 Jun 1994, p. 6

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

PAGE 6 â€" WATERLOO CHRONICLE, WEDNESDAY, JUNE 1 1994 Whether Jean Chretien, Bob Rae or Bob White want to admit it or not, the entire underpinning of this country or any other, is its busiâ€" nesses. But that message doesn‘t always hit home to our politicians and trade union leaders â€"â€" especially in the greedy public sector â€" who are often so busy stuffing their members‘ pockets that they‘ve forgotten who it is that creates jobs in this country. Businesses create wealth for redistribution. They create jobs for m%mmmmahhm”wmm And policies must be reversed to keep them here, not drive them away as is the case now. Canada has become an increasingly lousy place to do business because of red tape and excessive taxation. Its governments treat businesses like cash cows and instruments of public policy. They conâ€" fiscate, bully, overâ€"regulate, overâ€"tax and heap all sorts of responsiâ€" bilities onto the backs of businesses. Then they wonder why their tax base disappears: There is a steady departure of capital and talent taking place in this country. Too many entrepreneurs are afraid to set up shop here because of excessive labor laws and regulations that favor trade I know of one company in Waterloo that recently packed up its bags and left to do business in Germany. I know of another in Camâ€" bridge that went to Switzerland. The departure of Magna International Inc. and its founder, Frank Stronach, to Zurich is another case in point. It‘s a national disgrace that he had to leave. Our political leaders should take note of this. What I think is hapâ€" pening is that people are increasingly viewing Canada as a place that is slowly sinking due to a combination of high taxes, high And don‘t tell me our politicians understand. They don‘t. Most of them aren‘t capable enough to understand economics. Just look at the business and educational backgrounds of most of the people who we attract into politics and who get elected and you‘ll see what I mean. Until we start attracting a far greater number of people into public life who understand economics, nothing will change. Politics has largely become the refuge of those who don‘t have a lot of other things to do and who don‘t have business backgrounds. Just look at your member of partiament and ask, "Would I want this person running my company‘" In most cases, you‘d answer, no. But yet, we keep electing people like this to public office. Some of our best, brightest and richest people have jumped ship in The number of departures is unknown but it is clear that more business people plan to leave as deficits zoom and political deafness worsens. That is terrible for those left behind. It means fewer jobs, fewer exports and fewer taxes tomorrow. A lot of these people would have stayed if the government had stuck with its "tax haven" policy of no capital gains, particularly for manufacturers. That used to give Canada a competitive advantage but it was tossed out by the Liberals in the early 1970s. A great many people are now eying Switzerland as a great place to set up business. Why? The Swiss have good social services, low taxes, highGDPmdpoded\nfimthm’sthekey.theydm!pmvide social services unless they are paid for. Public sector unions â€" whether they be teachers, firemen, policeâ€" men or all the other demanding, vocal groups we‘re faced with â€" have little clout in Switzerland because they can‘t get wage increases unless they‘re approved by referendum. Canada will suffer unless the business climate changes. No wonder people are leaving. And no wonder Switzerland is the most successâ€" ful country in the world. Waterloo Town Square 75 King St. South, Suite 201 Waterloo, Ontario NZJ 1P2 Telephone 886â€"2830 News Line 886â€"3021 Fax. No. A sinking ship <â€" $ Mfeanwhile Fred Sagel Pete Cudhea (Sports Editor) Maureen McNab Things are looking up in Kâ€" Consumers are stampeding the malls in a way they haven‘t done since the ‘80s and the job picture is brightening. So let‘s color the recession as all but of us were yearning for spring more than any time in There are all sorts of economic reasons but you have to give our rugged winterâ€"a bit of credit. Jobs are the product of consumer spending and look at it this way: What‘s making consumers feel so good is mostly the arrival of warmth. The winter was so wicked that all That‘s why the grass seems greener than a new pool table, why the tulips are vibrant as never before and why the oriole in our backyard has never sported feathers so fetching. So OK, maybe we‘re not equalling the halcyon days of the ‘80s but no one said that would happen soon. And beyond argument, things have got much better. What‘s that you say? That it hasn‘t done much to the welfare list? Tell me, are you really surprised? By contrast, the House of Friendship has been seeâ€" ing a noticeable change. "People are talking about finding work," says Ron Fleming, program director of To repeat for perhaps the zillionth time, there are countless cases of real need but not all cases are deserving. And natch, a lot of folks waiting for someâ€" thing to turn up too seldom start with their shirt What a Wild One: It took a tieâ€"breaking vote to do it but Waterloo Council finally canned the idea of a referendum on dismantling regional government. That would have been one of the most meaningless votes ever. Everyone who had any kind of a gripe against any of our sundry governments would have voted for the dismantling. It‘s beyond dispute that Waterloo Region has made mistakes but let‘s not forget that it wasn‘t the region that bankrolled the Glass and Clay Gallery in one of the biggest municipal blunders ever. Tap Roots: Milwaukee got a scare again this spring when its water showed traces of cryptosporidâ€" ium. That parasite, you may recall, left one dead and untold hundreds ill in a similar outbreak in Waterloo Region last year. And that cracking sound you heard a few days back was just local water officials uncrossâ€" Law of Gravity: That 91â€"yearâ€"old woman who was mugged by a punk in her downtown Kitchener apartâ€" Andrew Pearen Mary Baycroft Heather Mitchel! 11 mfummfffm a1+ eP THE TA L Waterloo Chronicle is published every Wednesday by L Pooiems Past waater â€" FOBE 00â€" President: Paul Winkler â€" ~*+G8® (â€" The views of our columnists are their own and do not necessarily represet the views of the newspaper. io. Talk The Fairway Group 215 Fairway Rd. S., except he knows that many, many thousands paid fir e priviiege with ts hveg. The images are frozen in memory. The awesom¢ pseudocâ€"intellectuals, peaceniks revisionist$ saywhtfluywflLWhtwdlY:M“'“ day and after that day was 5 Butwhntaninuadibhh.mmdb’w ent had we failed. And you shudder. In so many waÂ¥% it was a close, close thing, i4 p ... meke‘s one mmny seers$ . _ paeim sMeRy surety / F ““ & &# B 2» s 2s O’nce over "I inhtlw ~ Tighth ~Sandy Baird

Powered by / Alimenté par VITA Toolkit
Privacy Policy