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Higher top personal income tax rates discourage entrepreneurship in Canada
Entrepreneurship plays an essential role in fostering a strong economy for Canada. Entrepreneurs innovate, bringing opportunities and benefits to Canadians. So it’s concerning that the rate of entrepreneurship in Canada has steadily ...
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Cut the growth of growth commissions
I hardly ever disagree with Jack Mintz, former president of the C. D. Howe Institute, former director of the University of Calgary School of Public Policy, and for the past decade or two the dean of Canadian policy economists. But I do ...
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Memo to Doug Ford—Ontario desperately needs personal income tax reform
Due to last week’s election victory, Doug Ford is Ontario’s premier-designate. However, now comes the difficult task of governing. While there’s no shortage of pressing policy issues for the province, tax relief should be top of mind ...
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Demographics and Entrepreneurship blog series: Policies to spur entrepreneurship
As part of the blog series summarizing the Fraser Institute’s Demographics and Entrepreneurship essays, this post examines government policies that can spur entrepreneurship and entrepreneurial finance. Since the global financial crisis ...
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Demographics and Entrepreneurship blog series: Spurring entrepreneurship through capital gains tax reform
As part of the blog series summarizing the Fraser Institute’s Demographics and Entrepreneurship essays, this post examines the effect of capital gains tax reform on entrepreneurship. Entrepreneurship is critical for economies to grow, ...
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Demographics and Entrepreneurship blog series: Tax policy and entrepreneurship
As part of the blog series summarizing the Fraser Institute’s Demographics and Entrepreneurship essays, this post examines the effect of taxation on entrepreneurship. One avenue through which taxation affects entrepreneurship is through ...
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Enough with the gazelles already—Canadian business needs lions
All of a sudden we seem to be surrounded by gazelles. It’s as if the Canadian industrial policy landscape has been transported to the Serengeti. Entrepreneur Anthony Lacavera and writer Kate Fillion have a new book out (How We Can Win) ...
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Sensational headlines about economic growth breed complacency
Appeared in the Financial Post, September 7, 2017 Given the sensational media headlines hyping Canada’s recent economic growth, it’s hard to blame Canadians for being complacent. “Canada's economy steamrolls ahead—4.5% annualized rate of expansion” ...
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The market already rewards risk-taking—taxes don’t have to
For most of my working life I’ve been a tenured university professor, which means I can’t be fired except for cause. In theory, the powers-that-be could shut down my department or, for that matter, my university. But both events are ...
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Morneau wrong about Canada’s economy and competitiveness
Appeared in the Financial Post, April 13, 2017 Canada’s anemic economic growth should be of the upmost concern to Canadian policymakers. In 2016, the economy had one of its most difficult years, with growth at a mere 1.3 per cent. Looking forward, it ...