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General business support programs don't work. Instead, focus on competitive tax policies, manufacturing institutes, and opportunity zones: Policy paper

Mark Mann
December 4, 2019

The Ontario government spends approximately $5 billion a year on business support programs, many of which don’t stand up to cost-benefit analysis, according to Jamison Steeve and Sean Speer in a new paper published by Ontario 360, a public policy research group housed at the University of Toronto’s Munk School of Global Affairs and Public Policy.

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Organizations:	Auditor General of Ontario, Financial Accountability Office of Ontario, Innovation Policy Lab, Manufacturing USA, Next Generation Manufacturing Canada, and University of Toronto’s Munk School of Global Affairs and Public Policy
People:	David Wolfe, Don Drummond, Jamison Steeve, and Sean Speer
Topics:	business incentives, Business support programs, Canada's superclusters, Open for Jobs Blueprint, and productivity

General business support programs don't work. Instead, focus on competitive tax policies, manufacturing institutes, and opportunity zones: Policy paper

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General business support programs don't work. Instead, focus on competitive tax policies, manufacturing institutes, and opportunity zones: Policy paper

Events For Leaders in Science, Tech, Innovation, and Policy

Discuss and learn from those in the know at our virtual and in-person events.

Events For Leaders in
Science, Tech, Innovation, and Policy