The province's new top personal income tax rate is now higher than B.C.'s rate.
Government Spending & Taxes
A recent op-ed cited the “myth of underfunding” of First Nations communities in Canada. Whatever your opinion on the issue, the facts are clear. Consider the four streams of revenue that flow to First Nations across the country.
Indigenous and Northern Affairs Canada (INAC)
The $5.4 billion projected deficit in 2015/16 is driven by higher spending—not a weak economy.
American presidential candidates who want to emulate elements of the Canadian model invite significant negative unintended consequences.
Reforming OAS so that high-income seniors receive fewer benefits could produce cost-savings to pay for increased benefits to vulnerable seniors.
It’s fairly clear that most of the budget's ‘infrastructure’ spending is not aimed at improving Canada’s roads, bridges and highways.
The whole country (except Nunavut) will be encouraged to over-invest in public transit since, under the cost-sharing formula, new dollars will only cost 50 cents.
By 2017/18 spending will be up by $50 billion from 2014/15, representing a jump of 20 per cent.
In the Liberal budget, only 0.2 per cent of the $8.4 billion designated for Aboriginal people is for skills and employment training.
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