Prime Minister Justin Trudeau sent a strong message to the global super rich on Tuesday that Canada won’t be slashing taxes and regulatory red tape to compete with Donald Trump’s America.
In an keynote speech to the World Economic Forum, Mr. Trudeau called on corporate chief executives to put workers before profits and take major steps to boost the role of women in the work force and tackle sexual harassment.
“Too many corporations have put the pursuit of profit before the well-being of their workers … but that approach won’t cut it any more,” Mr. Trudeau told the elite gathering at the chic ski resort of Davos. “We are in a new age of doing business – you need to give back.”
Mr. Trudeau has been under pressure from Canada’s business community to cut taxes and regulations to match the competitive reforms undertaken by U.S. President Donald Trump and the Republican Congress.