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Federal government’s spending rationale based on misleading debt picture
Canada has the fifth-highest level of total indebtedness (relative to the size of our economy) among 29 industrialized countries. ...
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Caution Required When Comparing Canada’s Debt to that of Other Countries
The federal government continues to rationalize its debt-financed spending based on international comparisons showing Canada with the lowest level of debt in the G7. Of the two broad measures of debt, gross debt includes most forms of debt while ...
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CPP tax hike hurts Canadian workers
Appeared in the Toronto Sun, January 6, 2021 The economy continues to struggle due to COVID and the lockdowns, so workers should be particularly unhappy to start 2021 with a tax hike. The combined employer/employee Canada Pension Plan tax rate rose from ...
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Alberta’s outsized role in Canada matters for all Canadians
Appeared in the Globe and Mail, June 23, 2020 Last week, Alberta’s “ Fair Deal Panel ” submitted its long-awaited report, which recommends Alberta conduct a referendum on equalization and consider withdrawing from the Canada Pension Plan. All of this ...
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‘Fair Deal’ panel right to consider Alberta withdrawal from CPP
Appeared in the Calgary Sun, June 19, 2020 On Wednesday, Alberta’s “Fair Deal” panel released its report, which recommends that Alberta develop a plan to withdraw from the Canada Pension Plan (CPP). Premier Kenney endorsed the recommendation, noting that ...
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So how broke is the Canada Pension Plan?
Earlier this week Statistics Canada issued “Public Sector Universe 2018,” which has a cosmic ring to it, but in fact is simply—though in a complicated way—“a comprehensive list of institutional units that” comprise Canada’s public sector, ...
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Contributions to the CPP—comparing provinces
Alberta’s $27.9 billion net contribution over this period is almost four times greater than Ontario’s. ...
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Albertans contribute disproportionately to the CPP and other programs
Appeared in the National Post, April 4, 2019 There’s a palpable rising frustration in western Canada, particularly in Alberta, regarding the give-and-take of national programs —a growing sense (again) that Ottawa just doesn’t understand the West. ...
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Albertans Make Disproportionate Contributions to National Programs: The Canada Pension Plan as a Case Study
Alberta disproportionately contributes to a host of national and federal programs. This bulletin examines the province’s contributions to the Canada Pension Plan. In 2017, Alberta workers represented 16.5 percent of the total contributions to the ...
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Globe and Mail's Rob Carrick offers superficial response to our CPP column
The Globe and Mail’s well-known personal finance columnist, Rob Carrick, dedicated his recent column to our critique of his writing on the expanded Canada Pension Plan (CPP). The title of Carrick’s rebuttal is emphatic: “Critics of the ...