A TIME FOR CHANGE - AN INTERNATIONALLY COMPETITIVE CANADIAN FLAG? PRAGMATIC REFORM OF THE CANADA SHIPPING ACT IS THE ANSWER

Prior to 1991, Vancouver had no international ship owners, no ship managers and few time-charter operators. It is now home to a more diverse and vibrant marine community, as a result of changes made to the federal Income Tax Act in 1991, the so called International Maritime Centre (IMC) amendments. It is possible to view the IMC initiative as an end in itself. Alternatively, it can be viewed as the first step in a three-step process with the potential to create a significant Canadian presence in deep-sea shipping based on competency, competitiveness and quality. Reform of the Canada Shipping Act (CSA) can provide the next two steps. Done well, this will result in significant benefits to Canada, including a first class national register that is genuinely competitive, the creation of employment and business opportunities for Canadians, a rejuvenated marine training system and a world-class, professional marine infrastructure better able to service the needs of the Canadian exporter.

Language

  • English

Media Info

  • Features: Appendices; Figures;
  • Pagination: p. 170-184

Subject/Index Terms

Filing Info

  • Accession Number: 00797132
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Aug 14 2000 12:00AM