Rate cut good news for Liberals, but won’t shift voter views on economic record, say politicos
‘I don’t think people are going to wake up tomorrow feeling better about the government than they felt yesterday,’ says former Liberal PMO staffer Alex Kohut.
Poilievre’s messaging signals plans for an austerity agenda
Poilievre’s credentials as a member of the proletariat are lacking, but his skill in political scheming is not. He’s steering the discourse away from wages and government services, and towards austerity.
Era of sky-high interest rates coming to a close
Regardless of when the rate cut happens, Canada is entering a new era in which the bias is toward lower borrowing costs instead of higher.
Taxation without legislation is ‘customary’ for governments, but ‘risky’ in minority Parliament, says budget watchdog
The legislative process ‘will not affect’ the June 25 coming-into-force date of changes to the capital gains tax, says an official in Finance Minister Chrystia Freeland’s office.
How technology can mitigate Canada’s food inflation crisis
The escalation of grocery prices and widespread supply chain challenges are both symptomatic of a food sector in desperate need of wholesale modernization.
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.
Canadian living standards declining with no end in sight
According to a new study, Canadians experienced a decline in living standards, as measured by per-person GDP, from the second quarter of 2019 to the end of 2023.
What’s it like to work for Canada’s ‘Taxman’?
Employees at the Canada Revenue Agency are among the happiest employees across the whole federal public service.
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.
