Rising public debt costs form large share of feds’ latest $12.7-billion spending plan
Total released spending plans now sit at $461.8-billion, or 90 per cent of the amount outlined in the April budget for 2024-25. That percentage is on pace with the last two years by this time, but both years the Liberals surpassed their budget plans by billions of dollars.
Canada faces a dangerous tipping point on its economy
We are not developing the kind of industries—and hence the kind of jobs, productivity and wealth—we need to preserve, sustain and improve the kind of country we want.
Don’t let entrepreneurship concerns shield passive investors from fair taxes
We should eliminate unjustified tax breaks, and craft targeted capital gains exemptions that incentivize beneficial behaviours.
Memo to Canadians: the adjusted capital gains tax will still constitute a very generous tax break for the wealthy
We know that a decade of personal and corporate tax cuts under the Paul Martin and Stephen Harper governments failed to produce the hoped-for economic boom.
Innovation will continue with or without capital gains tax hike
It’s unlikely that Bill Gates, Jeff Bezos, Steve Jobs, or any of their early-stage investors were fixated on the capital gains tax rate when they launched their businesses.
Political disconnect leaving Liberals far behind
It’s not at all clear that the Trudeau Liberals are playing the same game as their opponents.
Freeland should find a better way to achieve tax reform
Chrystia Freeland’s tax changes smack much more of poetical expediency or desperation, dressed up as a campaign to single out the richest for not paying their ‘fair share,’ in order to finance a pre-election budget. More research is needed.
Economists, businesses question timing of capital gains tax hike as Canada faces productivity challenges
There is a strong historic connection between capital investment and increases in productivity, says economist Trevor Tombe.
Budget 2024 a missed opportunity to address food affordability
To ensure food affordability, investment is needed to guarantee adequate incomes, rein in corporate profits, and support (w)holistic approaches to food provisioning.
Shortcomings and strategic misses in supporting Canadian agriculture
A glaring omission in the recent budget is its lack of direct support and incentives for innovative agricultural practices.
