DFAIT logo partnership The logo for the by design elab, an independent research development and production think tank specializing in online forums for policy development, incubated in 1997 at the McLuhan Program at the University of Toronto
DFAIT Home Site Map Help Policies Partners Feedback Netcast Français
Message from the Minister
Dialogue Paper
Answer Questions
View Answers
Discussion Forum

View Answers

Question 7: Prosperity

How should Canada take advantage of its location in North America to increase prosperity while promoting our distinctive identity?



« previous   |   View answers for question 7   |  Next »    
Date: 2003-05-01 22:09:36
There is already more economic prosperity in the world than can be sustained over the not-so-distant future (perhaps 30 years) by the earth's resources. While that statement will not be accepted by many people, there is overwhelming evidence to support it. The problem is not how to create
more prosperity, but how to reduce consumption, and distribute prosperity more evenly (not necessarily equally) among people everywhere. While such a policy, at the moment, may appear impossible, there are steps which could
move us toward it:

Taxes can be used to restrain actions that are undesirable and promote policies we want.

A "Tobin tax" would put a damper on international financial speculation that creates only virtual wealth, and at the same time it could raise funding needed for world health and governance infra-structures. We support

A carbon tax would restrain the use of fossil fuels and help us meet our commitments made under the Kyoto protocol. We support it.

Other tax reforms are needed, but these are probably the most important to Foreign Policy.
« previous   |   View answers for question 7   |  Next »