Main Overview

The system we have needs a holistic reform to bring costs down, accelerate growth, lower risk for all, and build the infrastructure for the future. We will build oil pipelines, LNG, net zero infrastructure, ice breakers/naval ships built in Canada on an ongoing basis for sustained employment, arctic sovereignty with ports/airports/shipping lanes with a dual use military/civilian use, and the progress is economic efficiency driven with environmental stewardship that is not driven by ideology(Global warming as it once was called). This action plan builds a present and future economy with a highly efficient government role.

Regulations and Taxes removed for a streamlined economy

• All Carbon taxes and carbon pricing structures because they add cost to everything and add unnecessary risk to economic development.
• Red tape that causes drag to the economy. Currently hundreds of government process. Of course the safety, environment are important to keep and should be streamlined where necessary.
• one system for everyone.
• All Interprovincial barriers removed with National standards that allow trades to move with the work.
• Supply management needs to be removed with a compensation framework so the industries don’t suffer with the change. (Australia removed their supply management system by aligning the price with markets and added at 20 year premium to the market price. It was cents on the market price which benefited everyone including the consumer).

Fiscal

• 5% debt repayment starts in year 2 at $30B and ramps up to $60B by year 5. Debt rule continues going forward.
• 10% maximum operational debt ceiling guardrail
• 20% maximum debt ceiling triggered by National Referendum with simple yes/no question for emergencies or defence procurement. The 5% debt repayment rule kicks in immediately.
• Sovereign Wealth Fund starts in year 3 at 5% of surplus up to year 35 at 50% of surplus and continuing at 50% going forward from that point. Dividend is only available money for government use.
• No capital gains tax if reinvested in Canada
• tax reduction for Corporate, Income and payroll starts in year 5 and continues ramping up to year 25. Option to continue with SWF dividend.

Governments

• Only one approval process to remove duplication for projects, defence and government structure.
• Indigenous have a co-governance responsibility.
• must meet or exceed private sector productivity and management density.
• Salaries linked to individual median income and not to exceed 4 times median income
• Outcomes and merit incentives drive performance accountabilities.
• Immigration is talent based and geared to infrastructure and needs.
• Food security is a high priority in Canada and this will benefit farmers who were in the supply management system as well.

Projects

• Pre-negotiated indigenous ownership and equity for understanding and streamlining future projects.
• Value added resource processing encouraged.
• Grandfather all approved or basically approved projects for quicker buildout.
• Pipelines to BC, Arctic, Canada East for both oil and LNG is privately funded in a fast streamlined, low risk environment that doesn’t stop with political cycles.
• Projects have a 12-24 month approval period and become approved past that deadline.
• Litigation for projects has a hard 12-18 month timeline. Stops legal limbo.
• SMR and other projects get standardized for quicker deployment and cost reduction. SMR to support remote location of industry, Arctic and Military.

Defence

• Arctic Sovereignty is high priority
• Procurement process designed for speed and continued build of upgrades of all branches of the CAF which includes arctic infrastructure and ice breakers.
• Defence spending ramp up starts in year 7 to years 25 at 3% of GDP and continues to a cap of $400B. This will have to be discussed at some point with NATO because we are starting at $37B and $400B is over 10 times growth.
• Procurement with the streamlined process reduces costs and time to build. Currently 40 reformed to 5 years or less.