Canadian Practical Measures COVID-19 & Economic Crisis

Recommendations for the federal government of Canada in lieu of corona virus pandemic and economic crisis. Will they listen? I don’t know.

  1. Permit the purchase and sale of unused RRSP contribution room.
  2. Permit the direct tax deductibility of net capital losses up to a maximum of $25,000 per year.
  3. Rewrite usery laws prohibiting lenders from charging more that a seven per cent differential from the Bank of Canada overnight rate.
  4. Reassess affordability of Canada Child Benefit program.
  5. Expropriate treaty land deemed necessary for commercial development from which fair negotiations have failed.
  6. Proclaim jurisdiction over tide water ports with constitutional amendment if required.
  7. Assign able bodied unemployed men to environmental remediation projects.
  8. Improve service channels to Canadians via CRA and Service Canada.
  9. Impose and enforce director liability for environmental negligence.
  10. Responsibly incentivize investors interested in the development of our natural resources.

If any reader finds this list appropriate, do feel free to copy the items into a letter addressed to any Canadian politician you deem open minded.