Corporate tax cuts enrich shareholders, not competitiveness

Finance Minister Bill Morneau will deliver his fall economic statement this afternoon. As I was writing this, all indications were that the federal government would wisely sidestep a corporate tax cut war with the United States, much to the chagrin of rich investors in Canada. And let’s be honest. Canada’s…
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Federal carbon tax rebate a pragmatic solution to political impasse

  In a move designed to win over voters and frustrate conservative critics, the federal government announced today?a policy of universal tax rebates to offset the imposition of carbon pricing in Ontario, Manitoba, New Brunswick and Saskatchewan. The policy isn’t perfect from the perspective of either climate action or social…
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Ford’s “value-for-money” audit a political trick with predictable outcome

One of Doug Ford’s first acts as new Premier of Ontario was to put a freeze on most government hiring (police and firefighters excepted) until his government can take a “true look” at the books. In the election campaign, the Progressive Conservatives promised to find $6 billion in efficiencies—an arbitrary…
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Are middle class tax promises a false hope?

Ontario PC Leader Doug Ford has proposed a $2.8-billion “middle class tax cut,” despite the fact the province is facing a deficit. Promoting tax cuts as “middle class tax cuts” is the latest fad in election-time politics. Prime Minister Justin Trudeau promised to cut middle class taxes in the 2015…
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Ontario’s high-stakes election campaign: parties going “all in”

Back in March, the Ontario Liberals put all of their chips on the table with their election-style provincial budget. They promised free child care, more support for dental care and drugs, and a reinvestment in health care—bankrolling it by deficit spending for the next six years. That left the opposition…
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Ontario budget throws down the election gauntlet

In its waning days before a June election, with the opposition breathing down its neck, the Ontario government threw down the gauntlet with what is unquestionably a pull out all the stops election budget. The marquee item was announced yesterday after weeks of big announcements: if re-elected, the government would…
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It’s time: Alberta needs a sales tax

Alberta is the only Canadian province without a sales tax. That needs to change. With its own sales tax, Alberta could afford to make important new investments in social programs. For example, it could hire more teachers, improve staffing levels in long-term care facilities and build more affordable housing. Without…
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