The Role of Government in Business Development in the USA and Canada
Municipalities According to Leann Hackman-Carty, municipalities are best positioned to serve as local champions for economic development programs. She observes that Canada frequently suffers in comparison to the United States because no level of government takes the initiative in coordinating and leading the response to an investment opportunity. Hackman-Carty believes that municipalities should be empowered to explore the best economic development options while also coordinating with other levels of government for required support. All three authors see fiscal capability as a barrier According to Shauna Brail, luring investment to a city necessitates improvements in transportation, housing, the arts and culture, and other areas. She and Charles Conteh both say that towns need more money to spend in the infrastructure and services that support effective economic growth and innovation policies. Provincial governments According to Hackman-Carty, provincial governments play an important...