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.
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.
First Nations Finance Authority is the solution to meeting economic reconciliation targets
Closing the critical infrastructure gap between First Nations and non-Indigenous communities is impossible on the current course. Thankfully, there is a way to get there faster.
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.
Why digital assets will be Canada’s economic equalizer
Despite its critics, cryptocurrency will prove to be the greatest financial equalizer because it treats everyone the same regardless of where you’re from or how much money you have.
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.
The ‘soft landing’ for the economy may have to be a lot harder than usual
The economy may have to be guided toward near-recessionary levels to compensate for the housing bubble’s outsized impact on Canadians’ cost of living.
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.
