Question

Describe the interactions between business and government in Canada

Answer 1

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Abstract

Let us try to understand the some common interest between the business and government in Canada.

Since businesses are strongly affected by public policies, it is in their best interest to stay informed about public policies and to try to influence governmental decision making and public policy.

There are different general ways that businesses view and act on their relationship with government. One perspective is for businesses to consider business and government on two sides and in opposition to each other.

From the strategic point of view often focuses businesses’ interactions with government on efforts to minimize government and reduce the costs and burdens on private business and the general economy associated with government taxes, regulations, and policies.

in Canada a third general view of businesses and government relations is with business in partnership with government in addressing societal matters. This is in contrast to government being the regulator to ensure businesses act in a socially responsible manner.

Tactics That Businesses Use to Influence Government and strive to interact with Governement can be described as below :

1.Business Lobbying

Businesses lobby in different ways.

This can include lobbying of Congress and state legislatures and executive branch agencies directly through its own government relations specialists, through an industry trade association, through consultants, or through a combination of all those avenues in Canada.

2.Political Contributions

Businesses also use campaign contributions to support their position and to try to influence public policies that can help them increase profits.

Seven of the ten largest corporations in the world are oil companies, based on revenues.

Their access to funds for lobbying and campaign contributions gives them a significant voice in the political system and on policies that can impact sustainable businesses.

3.Interest Group Participation

Business response can include participation in interest group politics. Interest groups play a key role in all democratic systems of government.

However, as an interest group is a group of individuals organized to seek public policy influence, there is tremendous diversity within interest groups in Canada.

4.Other Business Interactions in the Public Arena

Businesses face a complex array of formal and informal public policy actors beyond the government. Business practices can be strongly influenced by citizen actions that bypass the formal institutions of government in Canada.

Though they lack the economic clout and resources of industry as tools of influence, citizen groups do possess other tools.

Key Point to be noted - We can see it as a summary

• There are three general categories of business responses to the public policy environment-reactive, interactive, and proactive.
• Business efforts to influence public policy and government include not only individual company efforts but also business association efforts.
• For most businesses, some combination of the interactive and proactive approaches with government and other interest groups is most often the best approach.
• Businesses, individually and collectively; citizen interest groups; and NGOs all have influence on government policies.

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