Discuss the government's role as: (a) a competitor, (b) a regulator, (c) a taxation agent, and (d) ...

- Competitor: the government competes with business through Crown corporations (energy, Royal Canadian Mint, St. Lawrence Seaway Authority).
- Regulator: federal and provincial governments in Canada still regulate many aspects of business activity. Government regulates business through many administrative boards, tribunals, or commissions (CRTC, CTC, Canadian Wheat Board).
- Taxation agent: taxes are imposed to fund government services and programs and to regulate and control certain activities. There are revenue taxes and restrictive taxes.
- Provider of incentive programs: through programs like the Industrial Regional Development Program, federal assistance is delivered to industries, particularly those in disadvantaged regions. Other programs include tax and duty rebates.

Good answer!