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Industrial Development

The Conservative Party favours reducing eliminating subsidies to for-profit businesses. to the greatest extent possible. This includes eliminating corporate welfare, bailouts, grants, and government investment in for-profit businesses. The government should not provide corporate welfare to large corporations and pick winners and losers. We believe it will be possible not only to reduce, but eventually to eliminate subsidies to for-profit businesses by focusing on improving overall economic growth through facilitating competition, improving productivity, streamlining regulation and fostering innovation in concert with free and fair trade agreements.

 

We believe the government should work with international organizations and individual nations to reduce protectionist policies to secure free trade agreements. Our goal in negotiations should be to secure agreements that benefit Canadian manufacturers by allowing them to compete and succeed through competition on a level playing field. Where there is injurious harm caused by a trade action, and we have a reasonable chance of winning and/ or reversing this action, we should support an industry on a temporary basis until the trade action is resolved.

 

We support amending the Investment Canada Act to expand the review process to include not only the net benefit to Canada in reference to our industrial, economic and cultural policies, but also a consideration of our national security interests. This would include security of supply, technology transfer and any anti-trust implications.

 

We support the privatization of crown corporations that compete directly with comparable services from existing private sector institutions.

 

Conservative Party of Canada POLICY DECLARATION

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