Green Party Of Canada Case Study

Most voters in this year's federal election are quite concerned about each party's health and foreign policies. The changes that stem from the parties' perspective on fiscal policies, however, are equally as important; even the smallest modifications can result in vast differences for the businesses and citizens of Canada. The federal parties attempt to pitch ideas that seem to be beneficial for both the majority of the population, but in other instances, their policies may inadvertently have negative side effects on businesses.

The positive modifications to Canada's policy for businesses can in turn have a favourable effect on consumers. For example, the Liberal party of Canada believes in giving tax breaks and lower taxes to small businesses …show more content…
The Green Party of Canada believes that stricter environmental and labour laws and regulations should be enacted in order to preserve the integrity of nature. However, through this belief, certain businesses and specific industries will not prosper since they would face more restrictions. For example, these regulations would force companies to use alternate methods of deforestation, rather than clear cutting. Eventaully, this will increase the price of lumber and wood products since other substitutes are not as cost efficient. In more extreme cases, industries that are deemed to be harmful for the environment can be minimized and will receive less government approval and funding. This can lead to the collapse of certain industries involving non-renewable resources, with provinces relying less on them for income. A current example of a diminishing economy are the Albertan Tar Sands where they are slowing moving away from the extraction of oil, leading to more layoffs and higher unemployment rates. It is evident that while the environment may have an advantage, the consumers would be hurt