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"Far from having an economy unattractive to investors, Manitoba's before- and after-tax profitability ranks among the best in the nation; its costs and taxation levels are among the lowest," Hudson wrote. "Far from the sky falling, these have been sunny days for Manitoba business, a fact that, unsurprisingly, rarely comes up when they are lobbying for continued tax cuts."
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That is not to say some companies would not leap at the opportunity to take advantage of Winnipeg's cost advantage. The KPMG report showed that we are particularly affordable for businesses involved in medical device manufacturing, biomedical research and development, clinical trials management and electronic systems development and testing. These represent any of the value-added qualities desired for the province's economy.
However, those companies would likely look just as much or more at the type of city to which they were moving, and not just
the costs of doing business. Corporate recruiters have always conceded that the 'feel' of a community ¬ -- how it looks, how
well it works as an urban centre, the kind of amenities available -- plays an important role in relocation decisions.
Rather than continue the tiresome debate about which province has the lowest corporate income taxes, the city and province would be well-advised to start beyond tinkering with tax levels to policies and projects that would draw jobs to Winnipeg.
Posted By: StBPeggerthe city and province would be well-advised to start beyond tinkering with tax levels to policies and projects that would draw jobs to Winnipeg.Like football stadiums, museums, waterparks, rapid transit, glass-tower condos, babes...
Posted By: StBPeggerBabes?
That's something we want government to meddle with? ;)
Posted By: cancelbotPosted By: StBPeggerBabes?
You need to make a city interesting and attractive to mobile professionals who can go anywere they choose.
Posted By: grumpy old manPosted By: StBPeggerthe city and province would be well-advised to start beyond tinkering with tax levels to policies and projects that would draw jobs to Winnipeg.Like football stadiums, museums, waterparks, rapid transit, glass-tower condos, babes...
Posted By: Mr. NobodyMibile professionals, who needs em.
Winnipeg is a family oriented City, bring some long term jobs, let the mobilista's keep on truckin, when they want to settle down, they can move here.
Posted By: Mr. Nobodythey can, but I wouldn't turn myself inside out to pander to that minority.
Posted By: northenderThis business about cutting the business tax is a total farce. Our community centre has just been dinged for an $335 licence fee. Truly, this is a 68% increase over last year's $200 fee. This is an "IMPROVEMENT". The notice was just received and has to be paid by the end of the month. I'm really shocked. I thought that when our business licence renewal didn't arrive in May that it was a direct result of the city's cut in business licence fees. But what has replaced it is much more expensive and very sneaky.