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Three tricky points for equalization abolitionists
For as long as equalization has existed (since 1957), Quebec has always received the largest payment. ...
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The problem with capitalism—not all capitalists are capitalist
When entrepreneurs feel targeted or let down by government policy their capitalistic instincts tend to take over as they scream laissez-faire. This past week, for instance, Total Energy Services CEO Daniel Halyk was critical of Canada’s ...
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Toronto City Council reduction—a distraction from greater priorities
Ford plan's reported savings represent only $2.33 per Torontonian per year. ...
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Changes to Ontario drug program a (very small) step forward
The original OHIP+ provided limited coverage to a population that largely didn’t need assistance. ...
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Trans Mountain pipeline—federal intervention entirely political
So the Trudeau government is going to buy the Trans Mountain pipeline and related infrastructure for $4.5 billion. Moreover, there may be additional costs if the government builds the expanded pipeline, which Kinder Morgan estimated at ...
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Trans Mountain—socializing costs is not the answer
Last week, the Trudeau government did what innumerable governments do when they become frustrated over failure to achieve a political aspiration—they throw money at it. Federal Finance Minister Bill Morneau (pictured above) announced, ...
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Morneau's Trans Mountain pipeline promise creates a dangerous precedent
After weeks of anticipation, federal Finance Minister Bill Morneau (pictured above) today announced that—in light of the uncertainty over the $7.4 billion Trans Mountain pipeline expansion project—the federal government will compensate ...
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If Shakespeare were writing today—‘let's kill all the (tax) lawyers’
There was a lovely press release this week from Aaron Wudrick of the Canadian Taxpayers Federation warning us all that if we wanted to read the Income Tax Act before next week’s April 30 filing deadline, we’d better get started. And we’d ...
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At least 1.8 million Ontarians will pay more in income taxes
Ontario’s recent budget is jammed packed with new policies ahead of the upcoming provincial election. But what’s missing is any sign that the government wants to improve its uncompetitive personal income tax (PIT) system. In fact, the ...
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Workers, not businesses, will ultimately pay B.C.’s new payroll health tax
A key policy announcement in B.C.’s 2018 budget is the elimination of Medical Services Premiums (MSP) in 2020 and introduction of a new payroll tax—the employer health tax (EHT). Some claim this tax swap will lift the financial burden ...