tax increases

8:42AM
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Surprise surplus should spell end for Ontario's ‘temporary’ tax hikes

The province's top income tax bracket to 53.53 per cent, the third-highest rate in North America.


8:14AM
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Ottawa’s ‘buyback’ tax will likely hurt Canada’s economy

Due to the new tax, financial capital will be used less efficiently and productivity will suffer.


4:11PM
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Contrary to rhetoric, high-income families pay most taxes in Canada

The top 20 per cent pay nearly two-thirds of all federal and provincial income taxes.


11:01AM
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Government revenue during COVID—expected massive collapse never happened

In 2021/22, federal personal income tax revenue grew by 6.2 per cent.


8:58AM
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Scant support for Ottawa’s big plans—if they include tax hikes

When linked to a GST hike, support for a national prescription drug program falls from 79 per cent to 40 per cent.


9:45AM
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Bigger government in Canada—there’s no free lunch

When tax rates increase, people often change their economic behaviour in ways that shrink the targeted tax base.


11:42AM
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Important oversights from Budget 2022

The projected federal deficit in 2022-23 is 34 per cent higher than the deficit in 2019-20.