As I observed in a recent column on this topic, growing questions about the economic and social impacts of these digital firms are now cutting across partisan lines. Similarly here in Canada the Liberal party and the Conservative party have both committed to reforming the tax treatment of large global technology firms in the name of tax fairness. When these large technology firms acquire promising startups does that speed up innovation or retard it? What are the domestic costs and benefits of having large global technology firms in our startup ecosystem? More fundamentally, Canadian policy-makers will need to get a grip on the role of large, global technology firms in our economy and society and the right policy framework for regulating them.

Source: National Post May 08, 2020 15:56 UTC